MULTICARE COVINGTON MEDICAL CENTER — History
CCN 500154 | 3-year financial timeline | COVID resilience: 66/100
🛡️ Public data only — no PHI permitted on this instance.
$97M
Latest Revenue (FY2022)
+12.5%
Revenue CAGR (3yr)
-2.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $77M | $90M | $97M | +7.8% | +12.5% |
| Operating Expenses | $75M | $85M | $99M | +17.1% | +15.4% |
| Operating Margin | 3.0% | 6.0% | -2.2% | -136.4% | +0.0% |
| Net Income | $2M | $5M | $-2M | -139.2% | +0.0% |
| Licensed Beds | 40 | 43 | 45 | +4.7% | +6.1% |
| Total Patient Days | 5,564 | 8,924 | 11,916 | +33.5% | +46.3% |
| Medicare Day % | 20% | 22% | 22% | +1.5% | +5.9% |
| Medicaid Day % | 3% | 2% | 1% | -41.1% | -28.9% |
COVID Impact & Recovery
Resilience Score: 66/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +26.5% ($77M → $97M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
+12.5%
This Hospital
+7.6%
State Avg
Latest Margin
-2.2%
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) | $107M | -4.7% |
| FY2024 (proj) | $118M | -7.3% |
| FY2025 (proj) | $128M | -9.8% |