PIEDMONT MEDICAL CENTER — History
CCN 420002 | 3-year financial timeline | COVID resilience: 53/100
🛡️ Public data only — no PHI permitted on this instance.
$387M
Latest Revenue (FY2022)
+2.7%
Revenue CAGR (3yr)
8.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $367M | $370M | $387M | +4.5% | +2.7% |
| Operating Expenses | $289M | $292M | $355M | +21.4% | +10.8% |
| Operating Margin | 21.2% | 21.1% | 8.3% | -60.7% | -37.5% |
| Net Income | $78M | $78M | $32M | -58.9% | -35.8% |
| Licensed Beds | 268 | 280 | 374 | +33.6% | +18.1% |
| Total Patient Days | 74,937 | 69,879 | 75,209 | +7.6% | +0.2% |
| Medicare Day % | 28% | 25% | 25% | +0.3% | -4.7% |
| Medicaid Day % | 8% | 7% | 7% | -9.3% | -8.0% |
COVID Impact & Recovery
Resilience Score: 53/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +5.5% ($367M → $387M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+2.7%
This Hospital
+7.6%
State Avg
Latest Margin
8.3%
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) | $397M | 1.8% |
| FY2024 (proj) | $407M | -4.6% |
| FY2025 (proj) | $417M | -11.1% |