SUMMIT MEDICAL CENTER LLC — History
CCN 530034 | 3-year financial timeline | COVID resilience: 40/100
🛡️ Public data only — no PHI permitted on this instance.
$24M
Latest Revenue (FY2022)
+4.9%
Revenue CAGR (3yr)
-29.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $22M | $26M | $24M | -8.6% | +4.9% |
| Operating Expenses | $24M | $28M | $31M | +11.0% | +12.9% |
| Operating Margin | -11.6% | -6.4% | -29.3% | -355.5% | +0.0% |
| Net Income | $-3M | $-2M | $-7M | -316.2% | +0.0% |
| Licensed Beds | 16 | 16 | 16 | +0.0% | +0.0% |
| Total Patient Days | 518 | 420 | 418 | -0.5% | -10.2% |
| Medicare Day % | 43% | 44% | 45% | +2.6% | +2.8% |
| Medicaid Day % | 2% | 3% | 13% | +402.4% | +148.9% |
COVID Impact & Recovery
Resilience Score: 40/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +10.0% ($22M → $24M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
+4.9%
This Hospital
+7.6%
State Avg
Latest Margin
-29.3%
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) | $25M | -38.1% |
| FY2024 (proj) | $26M | -46.9% |
| FY2025 (proj) | $27M | -55.7% |