PRESTON MEMORIAL HOSPITAL — History
CCN 511312 | 3-year financial timeline | COVID resilience: 16/100
🛡️ Public data only — no PHI permitted on this instance.
$26M
Latest Revenue (FY2022)
-38.0%
Revenue CAGR (3yr)
1.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $68M | $49M | $26M | -47.2% | -38.0% |
| Operating Expenses | $44M | $52M | $26M | -50.8% | -23.8% |
| Operating Margin | 34.8% | -5.9% | 1.3% | +122.8% | -80.4% |
| Net Income | $24M | $-3M | $0M | +112.0% | -87.8% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 2,895 | 2,657 | 1,027 | -61.3% | -40.4% |
| Medicare Day % | 38% | 32% | 29% | -8.1% | -12.9% |
| Medicaid Day % | 1% | 1% | 1% | +29.4% | -1.8% |
COVID Impact & Recovery
Resilience Score: 16/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -61.6% ($68M → $26M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-38.0%
This Hospital
+7.6%
State Avg
Latest Margin
1.3%
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) | $5M | -15.4% |
| FY2024 (proj) | $-16M | -32.1% |
| FY2025 (proj) | $-37M | -48.9% |