GARFIELD MEMORIAL HOSPITAL — History
CCN 461333 | 3-year financial timeline | COVID resilience: 71/100
🛡️ Public data only — no PHI permitted on this instance.
$14M
Latest Revenue (FY2022)
+10.1%
Revenue CAGR (3yr)
-1.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $12M | $14M | $14M | -0.3% | +10.1% |
| Operating Expenses | $12M | $13M | $15M | +7.8% | +7.9% |
| Operating Margin | -5.7% | 6.1% | -1.4% | -123.5% | +0.0% |
| Net Income | $-1M | $1M | $-0M | -123.5% | +0.0% |
| Licensed Beds | 15 | 15 | 15 | +0.0% | +0.0% |
| Total Patient Days | 1,045 | 1,334 | 1,484 | +11.2% | +19.2% |
| Medicare Day % | 67% | 61% | 62% | +1.0% | -3.8% |
| Medicaid Day % | 9% | 6% | 5% | -27.2% | -29.7% |
COVID Impact & Recovery
Resilience Score: 71/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +21.2% ($12M → $14M)
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
+10.1%
This Hospital
+7.6%
State Avg
Latest Margin
-1.4%
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) | $16M | 0.7% |
| FY2024 (proj) | $17M | 2.8% |
| FY2025 (proj) | $18M | 4.9% |