SOUTH MIAMI HOSPITAL — History
CCN 100154 | 3-year financial timeline | COVID resilience: 68/100
🛡️ Public data only — no PHI permitted on this instance.
$688M
Latest Revenue (FY2022)
+16.5%
Revenue CAGR (3yr)
11.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $507M | $620M | $688M | +11.1% | +16.5% |
| Operating Expenses | $483M | $543M | $608M | +12.1% | +12.2% |
| Operating Margin | 4.7% | 12.4% | 11.6% | -6.2% | +57.5% |
| Net Income | $24M | $77M | $80M | +4.2% | +83.5% |
| Licensed Beds | 436 | 436 | 375 | -14.0% | -7.3% |
| Total Patient Days | 75,307 | 81,710 | 78,559 | -3.9% | +2.1% |
| Medicare Day % | 17% | 15% | 16% | +6.9% | -4.4% |
| Medicaid Day % | 18% | 17% | 17% | -3.4% | -3.0% |
COVID Impact & Recovery
Resilience Score: 68/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +35.8% ($507M → $688M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+16.5%
This Hospital
+7.6%
State Avg
Latest Margin
11.6%
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) | $779M | 15.1% |
| FY2024 (proj) | $870M | 18.6% |
| FY2025 (proj) | $961M | 22.0% |