MARINERS HOSPITAL — History
CCN 101313 | 3-year financial timeline | COVID resilience: 38/100
🛡️ Public data only — no PHI permitted on this instance.
$74M
Latest Revenue (FY2022)
+5.2%
Revenue CAGR (3yr)
17.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $67M | $84M | $74M | -11.5% | +5.2% |
| Operating Expenses | $55M | $59M | $62M | +4.8% | +6.1% |
| Operating Margin | 18.4% | 30.0% | 17.0% | -43.2% | -3.8% |
| Net Income | $12M | $25M | $13M | -49.7% | +1.1% |
| Licensed Beds | 25 | 16 | 16 | +0.0% | -20.0% |
| Total Patient Days | 1,489 | 2,261 | 1,727 | -23.6% | +7.7% |
| Medicare Day % | 48% | 34% | 41% | +20.4% | -7.8% |
| Medicaid Day % | 1% | 1% | 2% | +109.5% | +35.6% |
COVID Impact & Recovery
Resilience Score: 38/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +10.6% ($67M → $74M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+5.2%
This Hospital
+7.6%
State Avg
Latest Margin
17.0%
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) | $78M | 16.3% |
| FY2024 (proj) | $81M | 15.6% |
| FY2025 (proj) | $85M | 14.9% |