BIG SPRING STATE HOSPITAL — History
CCN 454000 | 3-year financial timeline | COVID resilience: 16/100
🛡️ Public data only — no PHI permitted on this instance.
$23M
Latest Revenue (FY2022)
-13.4%
Revenue CAGR (3yr)
-95.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $30M | $-13M | $23M | +271.6% | -13.4% |
| Operating Expenses | $37M | $40M | $44M | +11.1% | +9.0% |
| Operating Margin | -23.2% | 0.0% | -95.1% | — | +0.0% |
| Net Income | $-7M | $-53M | $-21M | +59.3% | +0.0% |
| Licensed Beds | 144 | 144 | 144 | +0.0% | +0.0% |
| Total Patient Days | 45,608 | 47,084 | 48,989 | +4.0% | +3.6% |
| Medicare Day % | 0% | 0% | 1% | +80.9% | +26.0% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 16/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -24.9% ($30M → $23M)
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
-13.4%
This Hospital
+7.6%
State Avg
Latest Margin
-95.1%
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) | $19M | -167.0% |
| FY2024 (proj) | $15M | -238.9% |
| FY2025 (proj) | $11M | -310.8% |