MEMORIAL HOSPITAL OF CONVERSE COUNTY — History
CCN 531302 | 3-year financial timeline | COVID resilience: 65/100
🛡️ Public data only — no PHI permitted on this instance.
$93M
Latest Revenue (FY2022)
+4.5%
Revenue CAGR (3yr)
-1.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $85M | $91M | $93M | +2.2% | +4.5% |
| Operating Expenses | $91M | $92M | $94M | +2.7% | +1.7% |
| Operating Margin | -7.5% | -1.5% | -1.9% | -28.0% | +0.0% |
| Net Income | $-6M | $-1M | $-2M | -30.8% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 3,217 | 3,598 | 3,003 | -16.5% | -3.4% |
| Medicare Day % | 48% | 47% | 54% | +14.1% | +6.3% |
| Medicaid Day % | 6% | 6% | 8% | +46.5% | +16.5% |
COVID Impact & Recovery
Resilience Score: 65/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +9.2% ($85M → $93M)
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
+4.5%
This Hospital
+7.6%
State Avg
Latest Margin
-1.9%
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) | $97M | 0.9% |
| FY2024 (proj) | $101M | 3.8% |
| FY2025 (proj) | $104M | 6.6% |