WATERTOWN REGIONAL MEDICAL CENTER — History
CCN 520116 | 3-year financial timeline | COVID resilience: 28/100
🛡️ Public data only — no PHI permitted on this instance.
$102M
Latest Revenue (FY2022)
-1.0%
Revenue CAGR (3yr)
-21.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $104M | $108M | $102M | -4.8% | -1.0% |
| Operating Expenses | $103M | $106M | $124M | +17.3% | +9.7% |
| Operating Margin | 1.1% | 1.4% | -21.4% | -1606.5% | +0.0% |
| Net Income | $1M | $2M | $-22M | -1534.3% | +0.0% |
| Licensed Beds | 80 | 76 | 76 | +0.0% | -2.5% |
| Total Patient Days | 6,982 | 7,175 | 6,425 | -10.5% | -4.1% |
| Medicare Day % | 42% | 39% | 36% | -6.4% | -6.8% |
| Medicaid Day % | 4% | 3% | 5% | +55.4% | +6.9% |
COVID Impact & Recovery
Resilience Score: 28/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -2.0% ($104M → $102M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-1.0%
This Hospital
+7.6%
State Avg
Latest Margin
-21.4%
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) | $101M | -32.6% |
| FY2024 (proj) | $100M | -43.9% |
| FY2025 (proj) | $99M | -55.1% |