IU HEALTH NORTH HOSPITAL — History
CCN 150161 | 3-year financial timeline | COVID resilience: 61/100
🛡️ Public data only — no PHI permitted on this instance.
$413M
Latest Revenue (FY2022)
+10.8%
Revenue CAGR (3yr)
24.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $336M | $377M | $413M | +9.7% | +10.8% |
| Operating Expenses | $244M | $269M | $313M | +16.5% | +13.2% |
| Operating Margin | 27.4% | 28.7% | 24.2% | -15.5% | -5.9% |
| Net Income | $92M | $108M | $100M | -7.4% | +4.3% |
| Licensed Beds | 149 | 149 | 153 | +2.7% | +1.3% |
| Total Patient Days | 31,844 | 36,766 | 38,255 | +4.0% | +9.6% |
| Medicare Day % | 24% | 23% | 22% | -5.9% | -4.5% |
| Medicaid Day % | 6% | 5% | 5% | -8.2% | -13.0% |
COVID Impact & Recovery
Resilience Score: 61/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +22.9% ($336M → $413M)
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
+10.8%
This Hospital
+7.6%
State Avg
Latest Margin
24.2%
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) | $452M | 22.6% |
| FY2024 (proj) | $490M | 21.1% |
| FY2025 (proj) | $529M | 19.5% |