MORGAN MEDICAL CENTER — History
CCN 111304 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$36M
Latest Revenue (FY2022)
+26.2%
Revenue CAGR (3yr)
-3.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $22M | $25M | $36M | +44.2% | +26.2% |
| Operating Expenses | $27M | $30M | $37M | +20.7% | +17.4% |
| Operating Margin | -19.6% | -23.7% | -3.5% | +85.2% | +0.0% |
| Net Income | $-4M | $-6M | $-1M | +78.6% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 5,195 | 4,822 | 5,447 | +13.0% | +2.4% |
| Medicare Day % | 49% | 47% | 47% | -0.3% | -2.3% |
| Medicaid Day % | 0% | 1% | 1% | -28.0% | +44.3% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +59.3% ($22M → $36M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+26.2%
This Hospital
+7.6%
State Avg
Latest Margin
-3.5%
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) | $42M | 4.5% |
| FY2024 (proj) | $49M | 12.6% |
| FY2025 (proj) | $55M | 20.6% |