FIRST HOSPITAL — History
CCN 394039 | 3-year financial timeline | COVID resilience: 0/100
🛡️ Public data only — no PHI permitted on this instance.
$3M
Latest Revenue (FY2022)
-64.7%
Revenue CAGR (3yr)
-96.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $23M | $25M | $3M | -88.7% | -64.7% |
| Operating Expenses | $26M | $27M | $6M | -78.9% | -53.6% |
| Operating Margin | -13.7% | -5.1% | -96.4% | -1793.7% | +0.0% |
| Net Income | $-3M | $-1M | $-3M | -113.9% | +0.0% |
| Licensed Beds | 149 | 149 | 49 | -67.1% | -42.7% |
| Total Patient Days | 28,563 | 26,193 | 1,608 | -93.9% | -76.3% |
| Medicare Day % | 8% | 8% | 23% | +176.7% | +68.5% |
| Medicaid Day % | 64% | 64% | 22% | -65.8% | -41.4% |
COVID Impact & Recovery
Resilience Score: 0/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -87.5% ($23M → $3M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
-64.7%
This Hospital
+7.6%
State Avg
Latest Margin
-96.4%
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) | $-7M | -137.8% |
| FY2024 (proj) | $-17M | -179.1% |
| FY2025 (proj) | $-27M | -220.5% |