COVENANT SPECIALTY HOSPITAL — History
CCN 452102 | 3-year financial timeline | COVID resilience: 31/100
🛡️ Public data only — no PHI permitted on this instance.
$15M
Latest Revenue (FY2022)
-11.6%
Revenue CAGR (3yr)
10.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $19M | $13M | $15M | +11.6% | -11.6% |
| Operating Expenses | $17M | $15M | $13M | -7.4% | -10.4% |
| Operating Margin | 12.5% | -8.5% | 10.0% | +217.0% | -10.7% |
| Net Income | $2M | $-1M | $1M | +230.6% | -21.1% |
| Licensed Beds | 56 | 56 | 56 | +0.0% | +0.0% |
| Total Patient Days | 10,037 | 6,713 | 5,876 | -12.5% | -23.5% |
| Medicare Day % | 69% | 55% | 76% | +37.7% | +4.7% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 31/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -21.9% ($19M → $15M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
-11.6%
This Hospital
+7.6%
State Avg
Latest Margin
10.0%
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) | $13M | 8.7% |
| FY2024 (proj) | $11M | 7.4% |
| FY2025 (proj) | $9M | 6.2% |