LAKE CITY COMMUNITY HOSPITAL — History
CCN 420066 | 3-year financial timeline | COVID resilience: 16/100
🛡️ Public data only — no PHI permitted on this instance.
$4M
Latest Revenue (FY2022)
-56.1%
Revenue CAGR (3yr)
-100.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $21M | $17M | $4M | -77.0% | -56.1% |
| Operating Expenses | $22M | $20M | $9M | -56.1% | -36.3% |
| Operating Margin | -4.8% | -15.6% | -100.0% | -540.7% | +0.0% |
| Net Income | $-1M | $-3M | $-5M | -77.8% | +0.0% |
| Licensed Beds | 26 | 26 | 26 | +0.0% | +0.0% |
| Total Patient Days | 3,668 | 2,187 | 659 | -69.9% | -57.6% |
| Medicare Day % | 34% | 34% | 31% | -8.5% | -3.3% |
| Medicaid Day % | 5% | 6% | 3% | -38.9% | -17.3% |
COVID Impact & Recovery
Resilience Score: 16/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -80.7% ($21M → $4M)
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
-56.1%
This Hospital
+7.6%
State Avg
Latest Margin
-100.0%
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) | $-4M | -147.6% |
| FY2024 (proj) | $-13M | -195.2% |
| FY2025 (proj) | $-21M | -242.8% |