NORTHERN ILLINOIS MEDICAL CENTER — History
CCN 140116 | 3-year financial timeline | COVID resilience: 44/100
🛡️ Public data only — no PHI permitted on this instance.
$641M
Latest Revenue (FY2022)
+8.0%
Revenue CAGR (3yr)
-12.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $550M | $639M | $641M | +0.3% | +8.0% |
| Operating Expenses | $587M | $662M | $721M | +8.9% | +10.9% |
| Operating Margin | -6.8% | -3.7% | -12.5% | -239.9% | +0.0% |
| Net Income | $-37M | $-24M | $-80M | -241.0% | +0.0% |
| Licensed Beds | 291 | 284 | 259 | -8.8% | -5.7% |
| Total Patient Days | 75,777 | 89,243 | 88,388 | -1.0% | +8.0% |
| Medicare Day % | 41% | 41% | 40% | -3.6% | -1.5% |
| Medicaid Day % | 5% | 4% | 4% | -7.1% | -5.7% |
COVID Impact & Recovery
Resilience Score: 44/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +16.6% ($550M → $641M)
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
+8.0%
This Hospital
+7.6%
State Avg
Latest Margin
-12.5%
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) | $687M | -15.4% |
| FY2024 (proj) | $732M | -18.3% |
| FY2025 (proj) | $778M | -21.2% |