SENTARA NORFOLK GENERAL HOSPITAL — History
CCN 490007 | 3-year financial timeline | COVID resilience: 57/100
🛡️ Public data only — no PHI permitted on this instance.
$1.3B
Latest Revenue (FY2022)
+8.7%
Revenue CAGR (3yr)
4.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $1.1B | $1.3B | $1.3B | +2.8% | +8.7% |
| Operating Expenses | $1.0B | $1.2B | $1.3B | +8.1% | +10.2% |
| Operating Margin | 7.5% | 9.5% | 4.9% | -48.7% | -19.6% |
| Net Income | $85M | $123M | $65M | -47.3% | -12.6% |
| Licensed Beds | 473 | 472 | 472 | +0.0% | -0.1% |
| Total Patient Days | 161,944 | 167,904 | 167,919 | +0.0% | +1.8% |
| Medicare Day % | 29% | 28% | 24% | -14.0% | -9.6% |
| Medicaid Day % | 5% | 4% | 5% | +35.3% | -2.7% |
COVID Impact & Recovery
Resilience Score: 57/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +18.1% ($1.1B → $1.3B)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+8.7%
This Hospital
+7.6%
State Avg
Latest Margin
4.9%
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) | $1.4B | 3.5% |
| FY2024 (proj) | $1.5B | 2.2% |
| FY2025 (proj) | $1.6B | 0.9% |