COVENANT HOSPITAL PLAINVIEW — History
CCN 450539 | 3-year financial timeline | COVID resilience: 50/100
🛡️ Public data only — no PHI permitted on this instance.
$68M
Latest Revenue (FY2022)
+12.4%
Revenue CAGR (3yr)
-17.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $54M | $59M | $68M | +15.7% | +12.4% |
| Operating Expenses | $47M | $80M | $80M | +0.9% | +31.3% |
| Operating Margin | 13.9% | -34.6% | -17.4% | +49.6% | +0.0% |
| Net Income | $8M | $-20M | $-12M | +41.7% | +0.0% |
| Licensed Beds | 49 | 49 | 49 | +0.0% | +0.0% |
| Total Patient Days | 6,794 | 5,838 | 4,289 | -26.5% | -20.5% |
| Medicare Day % | 26% | 19% | 22% | +11.7% | -9.4% |
| Medicaid Day % | 3% | 2% | 3% | +48.3% | +4.2% |
COVID Impact & Recovery
Resilience Score: 50/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +26.3% ($54M → $68M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+12.4%
This Hospital
+7.6%
State Avg
Latest Margin
-17.4%
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) | $76M | -33.1% |
| FY2024 (proj) | $83M | -48.8% |
| FY2025 (proj) | $90M | -64.4% |