CONTINUECARE HOSP AT PALMETTO HEALTH — History
CCN 422006 | 3-year financial timeline | COVID resilience: 43/100
🛡️ Public data only — no PHI permitted on this instance.
$14M
Latest Revenue (FY2022)
-2.9%
Revenue CAGR (3yr)
1.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $15M | $13M | $14M | +11.9% | -2.9% |
| Operating Expenses | $14M | $15M | $14M | -7.1% | -2.0% |
| Operating Margin | 3.4% | -18.5% | 1.6% | +108.5% | -32.1% |
| Net Income | $1M | $-2M | $0M | +109.5% | -34.1% |
| Licensed Beds | 35 | 35 | 35 | +0.0% | +0.0% |
| Total Patient Days | 9,119 | 8,680 | 8,214 | -5.4% | -5.1% |
| Medicare Day % | 41% | 58% | 52% | -10.0% | +12.4% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 43/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: -5.7% ($15M → $14M)
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
-2.9%
This Hospital
+7.6%
State Avg
Latest Margin
1.6%
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) | $14M | 0.6% |
| FY2024 (proj) | $13M | -0.3% |
| FY2025 (proj) | $13M | -1.2% |