LAKESIDE HOSPITAL — History
CCN 444004 | 3-year financial timeline | COVID resilience: 37/100
🛡️ Public data only — no PHI permitted on this instance.
$65M
Latest Revenue (FY2022)
-1.8%
Revenue CAGR (3yr)
11.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $68M | $65M | $65M | +1.0% | -1.8% |
| Operating Expenses | $56M | $56M | $58M | +2.2% | +1.7% |
| Operating Margin | 18.0% | 13.0% | 11.9% | -8.1% | -18.6% |
| Net Income | $12M | $8M | $8M | -7.1% | -20.1% |
| Licensed Beds | 315 | 315 | 315 | +0.0% | +0.0% |
| Total Patient Days | 86,003 | 80,161 | 80,560 | +0.5% | -3.2% |
| Medicare Day % | 16% | 12% | 11% | -8.9% | -17.1% |
| Medicaid Day % | 0% | 0% | 0% | -78.6% | -46.1% |
COVID Impact & Recovery
Resilience Score: 37/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -3.7% ($68M → $65M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-1.8%
This Hospital
+7.6%
State Avg
Latest Margin
11.9%
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) | $64M | 8.9% |
| FY2024 (proj) | $63M | 5.9% |
| FY2025 (proj) | $62M | 2.8% |