GRAND STRAND REGIONAL MEDICAL CENTER — History
CCN 420085 | 3-year financial timeline | COVID resilience: 71/100
🛡️ Public data only — no PHI permitted on this instance.
$602M
Latest Revenue (FY2022)
+10.8%
Revenue CAGR (3yr)
32.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $491M | $569M | $602M | +5.9% | +10.8% |
| Operating Expenses | $343M | $402M | $405M | +0.7% | +8.7% |
| Operating Margin | 30.2% | 29.3% | 32.8% | +11.9% | +4.2% |
| Net Income | $148M | $167M | $197M | +18.5% | +15.5% |
| Licensed Beds | 325 | 319 | 336 | +5.3% | +1.7% |
| Total Patient Days | 100,807 | 106,834 | 106,662 | -0.2% | +2.9% |
| Medicare Day % | 36% | 33% | 31% | -3.4% | -6.9% |
| Medicaid Day % | 7% | 7% | 6% | -5.8% | -7.1% |
COVID Impact & Recovery
Resilience Score: 71/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +22.7% ($491M → $602M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+10.8%
This Hospital
+7.6%
State Avg
Latest Margin
32.8%
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) | $658M | 34.1% |
| FY2024 (proj) | $714M | 35.4% |
| FY2025 (proj) | $770M | 36.7% |