WARD MEMORIAL HOSPITAL — History
CCN 451373 | 3-year financial timeline | COVID resilience: 67/100
🛡️ Public data only — no PHI permitted on this instance.
$15M
Latest Revenue (FY2022)
+17.3%
Revenue CAGR (3yr)
-30.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $11M | $14M | $15M | +5.8% | +17.3% |
| Operating Expenses | $18M | $20M | $20M | +1.1% | +6.5% |
| Operating Margin | -58.7% | -36.9% | -30.9% | +16.3% | +0.0% |
| Net Income | $-7M | $-5M | $-5M | +11.5% | +0.0% |
| Licensed Beds | 25 | 25 | 19 | -24.0% | -12.8% |
| Total Patient Days | 1,967 | 2,331 | 1,811 | -22.3% | -4.0% |
| Medicare Day % | 44% | 42% | 51% | +20.4% | +7.7% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 67/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +37.7% ($11M → $15M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
+17.3%
This Hospital
+7.6%
State Avg
Latest Margin
-30.9%
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) | $17M | -17.0% |
| FY2024 (proj) | $19M | -3.0% |
| FY2025 (proj) | $22M | 10.9% |