TALLAHASSEE MEMORIAL HOSPITAL — History
CCN 100135 | 3-year financial timeline | COVID resilience: 81/100
🛡️ Public data only — no PHI permitted on this instance.
$872M
Latest Revenue (FY2022)
+8.6%
Revenue CAGR (3yr)
-4.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $739M | $824M | $872M | +5.7% | +8.6% |
| Operating Expenses | $786M | $835M | $913M | +9.3% | +7.8% |
| Operating Margin | -6.4% | -1.3% | -4.8% | -254.8% | +0.0% |
| Net Income | $-47M | $-11M | $-42M | -275.2% | +0.0% |
| Licensed Beds | 386 | 402 | 483 | +20.1% | +11.9% |
| Total Patient Days | 121,331 | 129,941 | 133,204 | +2.5% | +4.8% |
| Medicare Day % | 22% | 19% | 17% | -12.1% | -12.3% |
| Medicaid Day % | 9% | 7% | 8% | +12.1% | -5.2% |
COVID Impact & Recovery
Resilience Score: 81/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +18.0% ($739M → $872M)
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
+8.6%
This Hospital
+7.6%
State Avg
Latest Margin
-4.8%
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) | $938M | -4.0% |
| FY2024 (proj) | $1.0B | -3.2% |
| FY2025 (proj) | $1.1B | -2.3% |