LIFECARE SPEC HOSP OF NORTH TEXAS — History
CCN 452044 | 3-year financial timeline | COVID resilience: 22/100
🛡️ Public data only — no PHI permitted on this instance.
$70M
Latest Revenue (FY2022)
-8.7%
Revenue CAGR (3yr)
-11.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $84M | $79M | $70M | -11.9% | -8.7% |
| Operating Expenses | $80M | $76M | $78M | +1.8% | -1.6% |
| Operating Margin | 4.4% | 3.8% | -11.2% | -397.5% | +0.0% |
| Net Income | $4M | $3M | $-8M | -362.2% | +0.0% |
| Licensed Beds | 206 | 206 | 206 | +0.0% | +0.0% |
| Total Patient Days | 43,993 | 40,507 | 35,612 | -12.1% | -10.0% |
| Medicare Day % | 47% | 36% | 42% | +14.5% | -5.9% |
| Medicaid Day % | nan% | 0% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 22/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -16.7% ($84M → $70M)
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
-8.7%
This Hospital
+7.6%
State Avg
Latest Margin
-11.2%
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) | $63M | -18.9% |
| FY2024 (proj) | $56M | -26.7% |
| FY2025 (proj) | $49M | -34.5% |