CARILION FRANKLIN MEMORIAL HOSPITAL — History
CCN 490089 | 3-year financial timeline | COVID resilience: 54/100
🛡️ Public data only — no PHI permitted on this instance.
$62M
Latest Revenue (FY2022)
+15.5%
Revenue CAGR (3yr)
-0.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $46M | $54M | $62M | +13.9% | +15.5% |
| Operating Expenses | $43M | $51M | $62M | +22.9% | +19.8% |
| Operating Margin | 6.5% | 6.7% | -0.7% | -110.7% | +0.0% |
| Net Income | $3M | $4M | $-0M | -112.2% | +0.0% |
| Licensed Beds | 37 | 37 | 37 | +0.0% | +0.0% |
| Total Patient Days | 4,524 | 4,648 | 6,495 | +39.7% | +19.8% |
| Medicare Day % | 44% | 40% | 37% | -8.8% | -9.2% |
| Medicaid Day % | 3% | 3% | 4% | +26.5% | +9.2% |
COVID Impact & Recovery
Resilience Score: 54/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +33.3% ($46M → $62M)
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
+15.5%
This Hospital
+7.6%
State Avg
Latest Margin
-0.7%
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) | $70M | -4.3% |
| FY2024 (proj) | $77M | -7.9% |
| FY2025 (proj) | $85M | -11.5% |