PALMS BEHAVIORAL HEALTH — History
CCN 454141 | 3-year financial timeline | COVID resilience: 65/100
🛡️ Public data only — no PHI permitted on this instance.
$13M
Latest Revenue (FY2022)
+5.4%
Revenue CAGR (3yr)
-9.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $12M | $11M | $13M | +18.5% | +5.4% |
| Operating Expenses | $14M | $13M | $14M | +10.9% | +3.3% |
| Operating Margin | -14.1% | -17.0% | -9.5% | +44.2% | +0.0% |
| Net Income | $-2M | $-2M | $-1M | +33.8% | +0.0% |
| Licensed Beds | 94 | 94 | 94 | +0.0% | +0.0% |
| Total Patient Days | 19,233 | 15,492 | 17,438 | +12.6% | -4.8% |
| Medicare Day % | 9% | 5% | 3% | -36.4% | -38.9% |
| Medicaid Day % | 44% | 1% | 1% | +29.9% | -87.6% |
COVID Impact & Recovery
Resilience Score: 65/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +11.1% ($12M → $13M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+5.4%
This Hospital
+7.6%
State Avg
Latest Margin
-9.5%
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) | $14M | -7.2% |
| FY2024 (proj) | $15M | -4.9% |
| FY2025 (proj) | $15M | -2.6% |