SWEDISH MEDICAL CENTER — History
CCN 060034 | 3-year financial timeline | COVID resilience: 51/100
🛡️ Public data only — no PHI permitted on this instance.
$670M
Latest Revenue (FY2022)
+3.8%
Revenue CAGR (3yr)
23.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $622M | $689M | $670M | -2.8% | +3.8% |
| Operating Expenses | $464M | $476M | $510M | +7.1% | +4.9% |
| Operating Margin | 25.5% | 30.9% | 23.8% | -22.8% | -3.3% |
| Net Income | $158M | $213M | $160M | -25.0% | +0.4% |
| Licensed Beds | 355 | 344 | 351 | +2.0% | -0.6% |
| Total Patient Days | 98,454 | 107,944 | 108,177 | +0.2% | +4.8% |
| Medicare Day % | 25% | 22% | 21% | -7.1% | -8.1% |
| Medicaid Day % | 23% | 23% | 25% | +8.1% | +4.0% |
COVID Impact & Recovery
Resilience Score: 51/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +7.7% ($622M → $670M)
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▲ Growing
vs State Average ()
Revenue Growth
+3.8%
This Hospital
+7.6%
State Avg
Latest Margin
23.8%
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) | $694M | 23.0% |
| FY2024 (proj) | $718M | 22.2% |
| FY2025 (proj) | $742M | 21.4% |