MEMORIAL HOSPITAL OF SOUTH BEND INC — History
CCN 150058 | 3-year financial timeline | COVID resilience: 51/100
🛡️ Public data only — no PHI permitted on this instance.
$631M
Latest Revenue (FY2022)
+6.7%
Revenue CAGR (3yr)
9.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $555M | $612M | $631M | +3.2% | +6.7% |
| Operating Expenses | $468M | $530M | $570M | +7.6% | +10.4% |
| Operating Margin | 15.7% | 13.4% | 9.7% | -27.4% | -21.2% |
| Net Income | $87M | $82M | $61M | -25.0% | -15.9% |
| Licensed Beds | 414 | 429 | 429 | +0.0% | +1.8% |
| Total Patient Days | 99,352 | 105,196 | 107,802 | +2.5% | +4.2% |
| Medicare Day % | 22% | 21% | 21% | -2.1% | -3.4% |
| Medicaid Day % | 5% | 4% | 5% | +26.3% | +2.4% |
COVID Impact & Recovery
Resilience Score: 51/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +13.8% ($555M → $631M)
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
+6.7%
This Hospital
+7.6%
State Avg
Latest Margin
9.7%
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) | $670M | 6.8% |
| FY2024 (proj) | $708M | 3.8% |
| FY2025 (proj) | $746M | 0.8% |