MEMORIAL HOSPITAL MIRAMAR — History
CCN 100285 | 3-year financial timeline | COVID resilience: 56/100
🛡️ Public data only — no PHI permitted on this instance.
$267M
Latest Revenue (FY2022)
+8.4%
Revenue CAGR (3yr)
14.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $228M | $262M | $267M | +2.0% | +8.4% |
| Operating Expenses | $189M | $228M | $230M | +1.0% | +10.4% |
| Operating Margin | 17.1% | 13.1% | 14.0% | +6.7% | -9.7% |
| Net Income | $39M | $34M | $37M | +8.9% | -2.1% |
| Licensed Beds | 178 | 178 | 178 | +0.0% | +0.0% |
| Total Patient Days | 44,126 | 45,606 | 45,181 | -0.9% | +1.2% |
| Medicare Day % | 8% | 8% | 11% | +30.8% | +15.0% |
| Medicaid Day % | 3% | 4% | 5% | +4.9% | +24.8% |
COVID Impact & Recovery
Resilience Score: 56/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +17.5% ($228M → $267M)
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▼ Declining
vs State Average ()
Revenue Growth
+8.4%
This Hospital
+7.6%
State Avg
Latest Margin
14.0%
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) | $287M | 12.4% |
| FY2024 (proj) | $307M | 10.8% |
| FY2025 (proj) | $327M | 9.3% |