GARFIELD MEMORIAL HOSPITAL — History
CCN 501301 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$11M
Latest Revenue (FY2022)
+22.3%
Revenue CAGR (3yr)
-10.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $8M | $11M | $11M | +3.1% | +22.3% |
| Operating Expenses | $9M | $11M | $12M | +12.3% | +16.6% |
| Operating Margin | -21.7% | -1.6% | -10.7% | -570.0% | +0.0% |
| Net Income | $-2M | $-0M | $-1M | -590.5% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 7,183 | 6,741 | 6,459 | -4.2% | -5.2% |
| Medicare Day % | 7% | 7% | 12% | +71.0% | +26.2% |
| Medicaid Day % | 51% | 47% | 38% | -19.8% | -14.0% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +49.5% ($8M → $11M)
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▼ Declining
vs State Average ()
Revenue Growth
+22.3%
This Hospital
+7.6%
State Avg
Latest Margin
-10.7%
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) | $13M | -5.2% |
| FY2024 (proj) | $15M | 0.4% |
| FY2025 (proj) | $17M | 5.9% |