HALIFAX REGIONAL HOSPITAL — History
CCN 490013 | 3-year financial timeline | COVID resilience: 50/100
🛡️ Public data only — no PHI permitted on this instance.
$105M
Latest Revenue (FY2022)
+15.2%
Revenue CAGR (3yr)
-16.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $79M | $102M | $105M | +2.1% | +15.2% |
| Operating Expenses | $78M | $101M | $122M | +20.3% | +24.7% |
| Operating Margin | 0.6% | 1.2% | -16.5% | -1519.1% | +0.0% |
| Net Income | $0M | $1M | $-17M | -1548.6% | +0.0% |
| Licensed Beds | 44 | 44 | 44 | +0.0% | +0.0% |
| Total Patient Days | 12,734 | 12,561 | 11,275 | -10.2% | -5.9% |
| Medicare Day % | 53% | 44% | 42% | -3.8% | -10.8% |
| Medicaid Day % | 2% | 2% | 1% | -20.0% | -22.9% |
COVID Impact & Recovery
Resilience Score: 50/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +32.7% ($79M → $105M)
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
+15.2%
This Hospital
+7.6%
State Avg
Latest Margin
-16.5%
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) | $117M | -25.0% |
| FY2024 (proj) | $130M | -33.5% |
| FY2025 (proj) | $143M | -42.1% |