MAGEE REHABILITATION HOSPITAL — History
CCN 393038 | 3-year financial timeline | COVID resilience: 22/100
🛡️ Public data only — no PHI permitted on this instance.
$62M
Latest Revenue (FY2022)
-8.3%
Revenue CAGR (3yr)
-30.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $74M | $67M | $62M | -7.8% | -8.3% |
| Operating Expenses | $77M | $77M | $81M | +6.1% | +2.9% |
| Operating Margin | -4.0% | -13.8% | -30.9% | -123.5% | +0.0% |
| Net Income | $-3M | $-9M | $-19M | -106.1% | +0.0% |
| Licensed Beds | 83 | 83 | 83 | +0.0% | +0.0% |
| Total Patient Days | 27,353 | 26,161 | 26,268 | +0.4% | -2.0% |
| Medicare Day % | 21% | 27% | 25% | -6.3% | +10.3% |
| Medicaid Day % | 5% | 2% | 2% | +0.1% | -32.9% |
COVID Impact & Recovery
Resilience Score: 22/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -15.9% ($74M → $62M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
-8.3%
This Hospital
+7.6%
State Avg
Latest Margin
-30.9%
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) | $56M | -44.4% |
| FY2024 (proj) | $50M | -57.8% |
| FY2025 (proj) | $44M | -71.3% |