MAYO CLINIC HOSPITAL — History
CCN 030103 | 3-year financial timeline | COVID resilience: 75/100
🛡️ Public data only — no PHI permitted on this instance.
$2.3B
Latest Revenue (FY2022)
+12.9%
Revenue CAGR (3yr)
1.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $1.8B | $2.1B | $2.3B | +9.0% | +12.9% |
| Operating Expenses | $1.8B | $2.0B | $2.2B | +8.7% | +11.5% |
| Operating Margin | -1.1% | 1.2% | 1.4% | +21.0% | +0.0% |
| Net Income | $-20M | $25M | $32M | +31.9% | +0.0% |
| Licensed Beds | 295 | 302 | 315 | +4.3% | +3.3% |
| Total Patient Days | 81,582 | 92,745 | 94,429 | +1.8% | +7.6% |
| Medicare Day % | 46% | 45% | 46% | +2.2% | +0.9% |
| Medicaid Day % | 6% | 5% | 6% | +9.2% | +0.4% |
COVID Impact & Recovery
Resilience Score: 75/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +27.6% ($1.8B → $2.3B)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+12.9%
This Hospital
+7.6%
State Avg
Latest Margin
1.4%
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) | $2.5B | 2.7% |
| FY2024 (proj) | $2.7B | 4.0% |
| FY2025 (proj) | $3.0B | 5.3% |