BLOUNT MEMORIAL HOSPITAL — History
CCN 440011 | 3-year financial timeline | COVID resilience: 32/100
🛡️ Public data only — no PHI permitted on this instance.
$326M
Latest Revenue (FY2022)
+3.6%
Revenue CAGR (3yr)
-8.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $304M | $308M | $326M | +5.8% | +3.6% |
| Operating Expenses | $319M | $353M | $354M | +0.3% | +5.3% |
| Operating Margin | -4.9% | -14.5% | -8.5% | +41.2% | +0.0% |
| Net Income | $-15M | $-45M | $-28M | +37.8% | +0.0% |
| Licensed Beds | 193 | 161 | 145 | -9.9% | -13.3% |
| Total Patient Days | 45,453 | 43,962 | 34,961 | -20.5% | -12.3% |
| Medicare Day % | 26% | 22% | 22% | -0.2% | -7.5% |
| Medicaid Day % | 1% | 2% | 2% | +3.6% | +13.4% |
COVID Impact & Recovery
Resilience Score: 32/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +7.2% ($304M → $326M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+3.6%
This Hospital
+7.6%
State Avg
Latest Margin
-8.5%
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) | $337M | -10.3% |
| FY2024 (proj) | $348M | -12.1% |
| FY2025 (proj) | $359M | -13.9% |