SPRINGBROOK BHS — History
CCN 424007 | 3-year financial timeline | COVID resilience: 34/100
🛡️ Public data only — no PHI permitted on this instance.
$28M
Latest Revenue (FY2022)
+0.9%
Revenue CAGR (3yr)
6.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $28M | $29M | $28M | -2.2% | +0.9% |
| Operating Expenses | $22M | $24M | $26M | +10.8% | +8.9% |
| Operating Margin | 20.0% | 17.6% | 6.7% | -61.8% | -42.0% |
| Net Income | $6M | $5M | $2M | -62.6% | -41.5% |
| Licensed Beds | 135 | 135 | 135 | +0.0% | +0.0% |
| Total Patient Days | 38,864 | 39,415 | 37,175 | -5.7% | -2.2% |
| Medicare Day % | 7% | 6% | 4% | -26.2% | -22.1% |
| Medicaid Day % | 0% | 37% | 0% | -100.0% | +25.2% |
COVID Impact & Recovery
Resilience Score: 34/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +1.8% ($28M → $28M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+0.9%
This Hospital
+7.6%
State Avg
Latest Margin
6.7%
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) | $28M | 0.1% |
| FY2024 (proj) | $29M | -6.5% |
| FY2025 (proj) | $29M | -13.2% |