WELCH COMMUNITY HOSPITAL — History
CCN 510086 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$20M
Latest Revenue (FY2022)
+48.9%
Revenue CAGR (3yr)
-79.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $9M | $22M | $20M | -9.2% | +48.9% |
| Operating Expenses | $32M | $35M | $35M | +1.1% | +5.9% |
| Operating Margin | -100.0% | -61.5% | -79.9% | -29.8% | +0.0% |
| Net Income | $-23M | $-13M | $-16M | -17.8% | +0.0% |
| Licensed Beds | 49 | 49 | 49 | +0.0% | +0.0% |
| Total Patient Days | 2,560 | 2,942 | 1,733 | -41.1% | -17.7% |
| Medicare Day % | 41% | 31% | 27% | -14.1% | -18.8% |
| Medicaid Day % | 6% | 8% | 11% | +37.4% | +34.9% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +121.7% ($9M → $20M)
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
+48.9%
This Hospital
+7.6%
State Avg
Latest Margin
-79.9%
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) | $25M | -69.8% |
| FY2024 (proj) | $31M | -59.7% |
| FY2025 (proj) | $36M | -49.7% |