CHARLES COLE MEMORIAL HOSPITAL — History
CCN 391313 | 3-year financial timeline | COVID resilience: 40/100
🛡️ Public data only — no PHI permitted on this instance.
$88M
Latest Revenue (FY2022)
-2.0%
Revenue CAGR (3yr)
-9.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $92M | $98M | $88M | -10.5% | -2.0% |
| Operating Expenses | $96M | $96M | $96M | +0.0% | -0.0% |
| Operating Margin | -4.7% | 2.5% | -9.0% | -458.9% | +0.0% |
| Net Income | $-4M | $2M | $-8M | -421.2% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 4,717 | 5,615 | 3,687 | -34.3% | -11.6% |
| Medicare Day % | 44% | 39% | 37% | -5.9% | -8.4% |
| Medicaid Day % | 0% | 0% | 0% | +66.1% | +30.6% |
COVID Impact & Recovery
Resilience Score: 40/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: -4.0% ($92M → $88M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-2.0%
This Hospital
+7.6%
State Avg
Latest Margin
-9.0%
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) | $86M | -11.1% |
| FY2024 (proj) | $84M | -13.2% |
| FY2025 (proj) | $83M | -15.4% |