MILBANK AREA HOSPITAL/AVERA HEALTH — History
CCN 431326 | 3-year financial timeline | COVID resilience: 55/100
🛡️ Public data only — no PHI permitted on this instance.
$24M
Latest Revenue (FY2022)
+3.4%
Revenue CAGR (3yr)
13.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $22M | $23M | $24M | +3.7% | +3.4% |
| Operating Expenses | $19M | $21M | $21M | -0.4% | +3.1% |
| Operating Margin | 13.2% | 10.1% | 13.7% | +35.3% | +1.7% |
| Net Income | $3M | $2M | $3M | +40.3% | +5.2% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 1,210 | 1,529 | 1,656 | +8.3% | +17.0% |
| Medicare Day % | 70% | 67% | 77% | +14.4% | +5.2% |
| Medicaid Day % | 6% | 1% | 4% | +202.2% | -16.2% |
COVID Impact & Recovery
Resilience Score: 55/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +6.9% ($22M → $24M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
+3.4%
This Hospital
+7.6%
State Avg
Latest Margin
13.7%
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) | $25M | 13.9% |
| FY2024 (proj) | $26M | 14.2% |
| FY2025 (proj) | $26M | 14.4% |