KINDRED HOSPITAL TARRANT COUNTY — History
CCN 452028 | 3-year financial timeline | COVID resilience: 21/100
🛡️ Public data only — no PHI permitted on this instance.
$51M
Latest Revenue (FY2022)
-9.4%
Revenue CAGR (3yr)
-22.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $63M | $57M | $51M | -10.6% | -9.4% |
| Operating Expenses | $62M | $61M | $63M | +2.4% | +0.4% |
| Operating Margin | 0.5% | -6.6% | -22.3% | -235.4% | +0.0% |
| Net Income | $0M | $-4M | $-11M | -199.7% | +0.0% |
| Licensed Beds | 160 | 160 | 160 | +0.0% | +0.0% |
| Total Patient Days | 34,912 | 30,285 | 28,346 | -6.4% | -9.9% |
| Medicare Day % | 35% | 28% | 31% | +11.2% | -6.8% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 21/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -17.9% ($63M → $51M)
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
-9.4%
This Hospital
+7.6%
State Avg
Latest Margin
-22.3%
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) | $46M | -33.6% |
| FY2024 (proj) | $40M | -45.0% |
| FY2025 (proj) | $35M | -56.4% |