CAROLINA CENTER — History
CCN 424010 | 3-year financial timeline | COVID resilience: 39/100
🛡️ Public data only — no PHI permitted on this instance.
$29M
Latest Revenue (FY2022)
+2.0%
Revenue CAGR (3yr)
19.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $28M | $27M | $29M | +7.3% | +2.0% |
| Operating Expenses | $20M | $22M | $23M | +5.4% | +7.5% |
| Operating Margin | 27.6% | 18.2% | 19.7% | +8.0% | -15.6% |
| Net Income | $8M | $5M | $6M | +15.9% | -13.8% |
| Licensed Beds | 156 | 156 | 156 | +0.0% | +0.0% |
| Total Patient Days | 37,096 | 37,284 | 36,934 | -0.9% | -0.2% |
| Medicare Day % | 19% | 14% | 12% | -12.7% | -21.7% |
| Medicaid Day % | 0% | 0% | 1% | +137.0% | +70.6% |
COVID Impact & Recovery
Resilience Score: 39/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +4.1% ($28M → $29M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+2.0%
This Hospital
+7.6%
State Avg
Latest Margin
19.7%
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) | $29M | 15.7% |
| FY2024 (proj) | $30M | 11.7% |
| FY2025 (proj) | $30M | 7.8% |