MARINHEALTH MEDICAL CENTER — History
CCN 050360 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$479M
Latest Revenue (FY2022)
+14.8%
Revenue CAGR (3yr)
-5.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $363M | $429M | $479M | +11.6% | +14.8% |
| Operating Expenses | $430M | $466M | $507M | +8.8% | +8.6% |
| Operating Margin | -18.3% | -8.5% | -5.9% | +31.4% | +0.0% |
| Net Income | $-66M | $-37M | $-28M | +23.5% | +0.0% |
| Licensed Beds | 310 | 310 | 310 | +0.0% | +0.0% |
| Total Patient Days | 33,337 | 40,765 | 46,805 | +14.8% | +18.5% |
| Medicare Day % | 40% | 40% | 40% | +1.1% | -0.4% |
| Medicaid Day % | 10% | nan% | 5% | +nan% | -30.4% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +31.9% ($363M → $479M)
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▲ Growing
vs State Average ()
Revenue Growth
+14.8%
This Hospital
+7.6%
State Avg
Latest Margin
-5.9%
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) | $537M | 0.4% |
| FY2024 (proj) | $595M | 6.6% |
| FY2025 (proj) | $652M | 12.8% |