SARASOTA MEMORIAL HOSPITAL — History
CCN 100087 | 3-year financial timeline | COVID resilience: 89/100
🛡️ Public data only — no PHI permitted on this instance.
$1.1B
Latest Revenue (FY2022)
+11.9%
Revenue CAGR (3yr)
8.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $876M | $1.0B | $1.1B | +7.8% | +11.9% |
| Operating Expenses | $927M | $1.1B | $1.0B | -7.8% | +4.3% |
| Operating Margin | -5.9% | -7.4% | 8.1% | +209.8% | +0.0% |
| Net Income | $-52M | $-75M | $89M | +218.4% | +0.0% |
| Licensed Beds | 724 | 713 | 787 | +10.4% | +4.3% |
| Total Patient Days | 176,900 | 199,066 | 198,734 | -0.2% | +6.0% |
| Medicare Day % | 41% | 39% | 38% | -3.5% | -4.4% |
| Medicaid Day % | 6% | 6% | 5% | -16.0% | -8.7% |
COVID Impact & Recovery
Resilience Score: 89/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +25.3% ($876M → $1.1B)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+11.9%
This Hospital
+7.6%
State Avg
Latest Margin
8.1%
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 | 15.1% |
| FY2024 (proj) | $1.3B | 22.1% |
| FY2025 (proj) | $1.4B | 29.1% |