MEMORIAL HEALTH SYSTEM — History
CCN 060022 | 3-year financial timeline | COVID resilience: 70/100
🛡️ Public data only — no PHI permitted on this instance.
$1.1B
Latest Revenue (FY2022)
+9.5%
Revenue CAGR (3yr)
3.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $928M | $1.0B | $1.1B | +9.9% | +9.5% |
| Operating Expenses | $843M | $976M | $1.1B | +10.0% | +12.8% |
| Operating Margin | 9.2% | 3.6% | 3.5% | -2.4% | -38.0% |
| Net Income | $85M | $37M | $39M | +7.3% | -32.1% |
| Licensed Beds | 353 | 353 | 501 | +41.9% | +19.1% |
| Total Patient Days | 121,232 | 137,521 | 140,565 | +2.2% | +7.7% |
| Medicare Day % | 26% | 24% | 22% | -9.5% | -7.4% |
| Medicaid Day % | 28% | 26% | 27% | +3.1% | -2.0% |
COVID Impact & Recovery
Resilience Score: 70/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +19.8% ($928M → $1.1B)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+9.5%
This Hospital
+7.6%
State Avg
Latest Margin
3.5%
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) | $1.2B | 0.7% |
| FY2024 (proj) | $1.3B | -2.1% |
| FY2025 (proj) | $1.4B | -4.9% |