SALT LAKE REGIONAL MEDICAL CENTER — History
CCN 460003 | 3-year financial timeline | COVID resilience: 21/100
🛡️ Public data only — no PHI permitted on this instance.
$61M
Latest Revenue (FY2022)
-25.6%
Revenue CAGR (3yr)
-12.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $110M | $104M | $61M | -41.1% | -25.6% |
| Operating Expenses | $98M | $106M | $69M | -35.0% | -15.8% |
| Operating Margin | 11.7% | -2.3% | -12.9% | -466.0% | +0.0% |
| Net Income | $13M | $-2M | $-8M | -233.3% | +0.0% |
| Licensed Beds | 100 | 100 | 107 | +7.0% | +3.4% |
| Total Patient Days | 8,317 | 8,047 | 4,188 | -48.0% | -29.0% |
| Medicare Day % | 20% | 18% | 22% | +23.7% | +5.8% |
| Medicaid Day % | 13% | 13% | 8% | -32.5% | -17.9% |
COVID Impact & Recovery
Resilience Score: 21/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -44.6% ($110M → $61M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
-25.6%
This Hospital
+7.6%
State Avg
Latest Margin
-12.9%
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) | $37M | -25.3% |
| FY2024 (proj) | $12M | -37.6% |
| FY2025 (proj) | $-13M | -50.0% |