NORTHSIDE HOSPITAL FORSYTH — History
CCN 110005 | 3-year financial timeline | COVID resilience: 65/100
🛡️ Public data only — no PHI permitted on this instance.
$690M
Latest Revenue (FY2022)
+8.0%
Revenue CAGR (3yr)
-1.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $592M | $680M | $690M | +1.5% | +8.0% |
| Operating Expenses | $578M | $631M | $697M | +10.5% | +9.8% |
| Operating Margin | 2.3% | 7.2% | -1.0% | -114.5% | +0.0% |
| Net Income | $14M | $49M | $-7M | -114.7% | +0.0% |
| Licensed Beds | 336 | 335 | 388 | +15.8% | +7.5% |
| Total Patient Days | 92,682 | 98,694 | 105,697 | +7.1% | +6.8% |
| Medicare Day % | 28% | 27% | 27% | +0.9% | -1.1% |
| Medicaid Day % | 8% | 7% | 7% | +3.9% | -1.4% |
COVID Impact & Recovery
Resilience Score: 65/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +16.6% ($592M → $690M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+8.0%
This Hospital
+7.6%
State Avg
Latest Margin
-1.0%
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) | $739M | -2.7% |
| FY2024 (proj) | $788M | -4.4% |
| FY2025 (proj) | $837M | -6.1% |