SPRINGFIELD HOSPITAL — History
CCN 471306 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$49M
Latest Revenue (FY2022)
+21.1%
Revenue CAGR (3yr)
-17.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $34M | $47M | $49M | +5.7% | +21.1% |
| Operating Expenses | $52M | $53M | $58M | +8.6% | +6.0% |
| Operating Margin | -52.8% | -13.8% | -17.0% | -23.3% | +0.0% |
| Net Income | $-18M | $-6M | $-8M | -30.3% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 4,520 | 3,595 | 3,504 | -2.5% | -12.0% |
| Medicare Day % | 69% | 60% | 60% | -0.7% | -7.1% |
| Medicaid Day % | 8% | 7% | 11% | +50.4% | +21.6% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +46.7% ($34M → $49M)
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
+21.1%
This Hospital
+7.6%
State Avg
Latest Margin
-17.0%
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) | $57M | 0.9% |
| FY2024 (proj) | $65M | 18.8% |
| FY2025 (proj) | $73M | 36.8% |