MIDDLESEX HOSPITAL — History
CCN 070020 | 3-year financial timeline | COVID resilience: 70/100
🛡️ Public data only — no PHI permitted on this instance.
$450M
Latest Revenue (FY2022)
+7.4%
Revenue CAGR (3yr)
-1.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $390M | $429M | $450M | +4.7% | +7.4% |
| Operating Expenses | $419M | $440M | $456M | +3.5% | +4.3% |
| Operating Margin | -7.5% | -2.5% | -1.3% | +46.4% | +0.0% |
| Net Income | $-29M | $-11M | $-6M | +43.9% | +0.0% |
| Licensed Beds | 187 | 187 | 186 | -0.5% | -0.3% |
| Total Patient Days | 43,027 | 47,004 | 46,388 | -1.3% | +3.8% |
| Medicare Day % | 37% | 32% | 31% | -1.3% | -7.9% |
| Medicaid Day % | 15% | 15% | 16% | +0.6% | +1.3% |
COVID Impact & Recovery
Resilience Score: 70/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +15.4% ($390M → $450M)
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
+7.4%
This Hospital
+7.6%
State Avg
Latest Margin
-1.3%
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) | $480M | 1.8% |
| FY2024 (proj) | $510M | 4.9% |
| FY2025 (proj) | $540M | 7.9% |