SHORE MEMORIAL HOSPITAL — History
CCN 490037 | 3-year financial timeline | COVID resilience: 77/100
🛡️ Public data only — no PHI permitted on this instance.
$103M
Latest Revenue (FY2022)
+15.1%
Revenue CAGR (3yr)
11.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $78M | $94M | $103M | +10.0% | +15.1% |
| Operating Expenses | $74M | $83M | $91M | +10.7% | +11.2% |
| Operating Margin | 5.0% | 11.9% | 11.4% | -4.2% | +51.4% |
| Net Income | $4M | $11M | $12M | +5.4% | +74.3% |
| Licensed Beds | 52 | 52 | 52 | +0.0% | +0.0% |
| Total Patient Days | 8,302 | 8,734 | 7,586 | -13.1% | -4.4% |
| Medicare Day % | 38% | 36% | 37% | +3.0% | -0.9% |
| Medicaid Day % | 6% | 5% | 3% | -53.1% | -35.2% |
COVID Impact & Recovery
Resilience Score: 77/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +32.5% ($78M → $103M)
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
+15.1%
This Hospital
+7.6%
State Avg
Latest Margin
11.4%
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) | $116M | 14.6% |
| FY2024 (proj) | $128M | 17.8% |
| FY2025 (proj) | $141M | 21.0% |