FRANCISCAN HEALTH MICHIGAN CITY — History
CCN 150015 | 3-year financial timeline | COVID resilience: 70/100
🛡️ Public data only — no PHI permitted on this instance.
$277M
Latest Revenue (FY2022)
+8.4%
Revenue CAGR (3yr)
6.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $235M | $281M | $277M | -1.5% | +8.4% |
| Operating Expenses | $214M | $228M | $260M | +14.0% | +10.2% |
| Operating Margin | 9.1% | 18.9% | 6.1% | -67.6% | -18.0% |
| Net Income | $21M | $53M | $17M | -68.1% | -11.1% |
| Licensed Beds | 99 | 99 | 119 | +20.2% | +9.6% |
| Total Patient Days | 26,333 | 28,720 | 28,516 | -0.7% | +4.1% |
| Medicare Day % | 42% | 36% | 37% | +2.5% | -6.2% |
| Medicaid Day % | 6% | 4% | 3% | -36.1% | -33.7% |
COVID Impact & Recovery
Resilience Score: 70/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +17.6% ($235M → $277M)
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
+8.4%
This Hospital
+7.6%
State Avg
Latest Margin
6.1%
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) | $297M | 4.6% |
| FY2024 (proj) | $318M | 3.1% |
| FY2025 (proj) | $339M | 1.6% |