ADVOCATE NORTHSIDE HEALTH SYSTEM — History
CCN 140182 | 3-year financial timeline | COVID resilience: 76/100
🛡️ Public data only — no PHI permitted on this instance.
$713M
Latest Revenue (FY2022)
+10.7%
Revenue CAGR (3yr)
18.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $582M | $624M | $713M | +14.4% | +10.7% |
| Operating Expenses | $522M | $527M | $581M | +10.4% | +5.5% |
| Operating Margin | 10.2% | 15.5% | 18.5% | +19.1% | +34.6% |
| Net Income | $59M | $97M | $132M | +36.2% | +49.1% |
| Licensed Beds | 243 | 237 | 233 | -1.7% | -2.1% |
| Total Patient Days | 52,130 | 53,358 | 51,998 | -2.5% | -0.1% |
| Medicare Day % | 21% | 20% | 21% | +4.0% | -0.5% |
| Medicaid Day % | 7% | 7% | 5% | -24.0% | -15.7% |
COVID Impact & Recovery
Resilience Score: 76/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +22.6% ($582M → $713M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+10.7%
This Hospital
+7.6%
State Avg
Latest Margin
18.5%
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) | $779M | 22.6% |
| FY2024 (proj) | $845M | 26.8% |
| FY2025 (proj) | $911M | 30.9% |