BANNER IRONWOOD MEDICAL CENTER — History
CCN 030130 | 3-year financial timeline | COVID resilience: 45/100
🛡️ Public data only — no PHI permitted on this instance.
$116M
Latest Revenue (FY2022)
+8.1%
Revenue CAGR (3yr)
-1.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $99M | $125M | $116M | -7.7% | +8.1% |
| Operating Expenses | $91M | $122M | $117M | -3.5% | +13.5% |
| Operating Margin | 7.7% | 2.8% | -1.7% | -160.7% | +0.0% |
| Net Income | $8M | $3M | $-2M | -156.1% | +0.0% |
| Licensed Beds | 89 | 89 | 89 | +0.0% | +0.0% |
| Total Patient Days | 16,919 | 21,190 | 19,343 | -8.7% | +6.9% |
| Medicare Day % | 19% | 21% | 21% | +0.1% | +5.4% |
| Medicaid Day % | 26% | 23% | 27% | +16.4% | +0.9% |
COVID Impact & Recovery
Resilience Score: 45/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +17.0% ($99M → $116M)
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
+8.1%
This Hospital
+7.6%
State Avg
Latest Margin
-1.7%
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) | $124M | -6.3% |
| FY2024 (proj) | $132M | -11.0% |
| FY2025 (proj) | $141M | -15.7% |