MERCY HOSPITAL FORT SMITH — History
CCN 040062 | 3-year financial timeline | COVID resilience: 48/100
🛡️ Public data only — no PHI permitted on this instance.
$447M
Latest Revenue (FY2022)
+5.4%
Revenue CAGR (3yr)
13.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $403M | $418M | $447M | +7.0% | +5.4% |
| Operating Expenses | $348M | $376M | $385M | +2.5% | +5.2% |
| Operating Margin | 13.5% | 10.0% | 13.8% | +37.7% | +1.2% |
| Net Income | $54M | $42M | $62M | +47.3% | +6.6% |
| Licensed Beds | 300 | 256 | 256 | +0.0% | -7.6% |
| Total Patient Days | 71,435 | 75,225 | 69,931 | -7.0% | -1.1% |
| Medicare Day % | 29% | 25% | 24% | -4.7% | -9.0% |
| Medicaid Day % | 7% | 8% | 7% | -5.3% | -2.0% |
COVID Impact & Recovery
Resilience Score: 48/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +11.0% ($403M → $447M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+5.4%
This Hospital
+7.6%
State Avg
Latest Margin
13.8%
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) | $469M | 14.0% |
| FY2024 (proj) | $491M | 14.1% |
| FY2025 (proj) | $513M | 14.3% |