CORRY MEMORIAL HOSPITAL — History
CCN 391308 | 3-year financial timeline | COVID resilience: 67/100
🛡️ Public data only — no PHI permitted on this instance.
$24M
Latest Revenue (FY2022)
+9.4%
Revenue CAGR (3yr)
-20.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $20M | $24M | $24M | -0.1% | +9.4% |
| Operating Expenses | $25M | $30M | $29M | -5.1% | +8.2% |
| Operating Margin | -23.3% | -27.1% | -20.8% | +23.3% | +0.0% |
| Net Income | $-5M | $-6M | $-5M | +23.4% | +0.0% |
| Licensed Beds | 20 | 20 | 20 | +0.0% | +0.0% |
| Total Patient Days | 1,811 | 1,779 | 1,340 | -24.7% | -14.0% |
| Medicare Day % | 45% | 37% | 36% | -2.9% | -10.5% |
| Medicaid Day % | 1% | 1% | 0% | -26.2% | -50.0% |
COVID Impact & Recovery
Resilience Score: 67/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +19.6% ($20M → $24M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+9.4%
This Hospital
+7.6%
State Avg
Latest Margin
-20.8%
This Hospital
-4.6%
State Avg
Projections (FY2023-2025)
Extrapolated from 3-year trend using linear projection. Does not account for regulatory or market changes.
| Year | Revenue (proj) | Margin (proj) |
|---|---|---|
| FY2023 (proj) | $26M | -19.6% |
| FY2024 (proj) | $28M | -18.3% |
| FY2025 (proj) | $30M | -17.0% |