MORRIS HOSPITAL — History
CCN 140101 | 3-year financial timeline | COVID resilience: 81/100
🛡️ Public data only — no PHI permitted on this instance.
$211M
Latest Revenue (FY2022)
+13.2%
Revenue CAGR (3yr)
1.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $165M | $198M | $211M | +6.4% | +13.2% |
| Operating Expenses | $177M | $205M | $207M | +1.2% | +8.3% |
| Operating Margin | -7.4% | -3.3% | 1.7% | +150.4% | +0.0% |
| Net Income | $-12M | $-7M | $4M | +153.6% | +0.0% |
| Licensed Beds | 89 | 89 | 89 | +0.0% | +0.0% |
| Total Patient Days | 14,376 | 14,240 | 14,560 | +2.2% | +0.6% |
| Medicare Day % | 53% | 48% | 45% | -7.4% | -8.5% |
| Medicaid Day % | 3% | 6% | 6% | -3.6% | +36.1% |
COVID Impact & Recovery
Resilience Score: 81/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +28.1% ($165M → $211M)
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
+13.2%
This Hospital
+7.6%
State Avg
Latest Margin
1.7%
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) | $234M | 6.2% |
| FY2024 (proj) | $257M | 10.8% |
| FY2025 (proj) | $280M | 15.3% |