TITUSVILLE AREA HOSPITAL — History
CCN 391314 | 3-year financial timeline | COVID resilience: 67/100
🛡️ Public data only — no PHI permitted on this instance.
$54M
Latest Revenue (FY2022)
+6.3%
Revenue CAGR (3yr)
1.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $48M | $52M | $54M | +4.1% | +6.3% |
| Operating Expenses | $50M | $53M | $53M | +0.6% | +3.6% |
| Operating Margin | -4.1% | -2.3% | 1.1% | +148.1% | +0.0% |
| Net Income | $-2M | $-1M | $1M | +150.1% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 4,037 | 4,624 | 3,524 | -23.8% | -6.6% |
| Medicare Day % | 40% | 40% | 38% | -3.5% | -2.0% |
| Medicaid Day % | 0% | 0% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 67/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +12.9% ($48M → $54M)
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
+6.3%
This Hospital
+7.6%
State Avg
Latest Margin
1.1%
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) | $57M | 3.7% |
| FY2024 (proj) | $60M | 6.4% |
| FY2025 (proj) | $63M | 9.0% |