MERCYONE NORTH IOWA MEDICAL CENTER — History
CCN 160064 | 3-year financial timeline | COVID resilience: 56/100
🛡️ Public data only — no PHI permitted on this instance.
$390M
Latest Revenue (FY2022)
+4.4%
Revenue CAGR (3yr)
-30.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $358M | $395M | $390M | -1.2% | +4.4% |
| Operating Expenses | $467M | $514M | $511M | -0.6% | +4.7% |
| Operating Margin | -30.2% | -30.2% | -30.9% | -2.5% | +0.0% |
| Net Income | $-108M | $-119M | $-121M | -1.2% | +0.0% |
| Licensed Beds | 193 | 193 | 199 | +3.1% | +1.5% |
| Total Patient Days | 43,526 | 40,296 | 39,910 | -1.0% | -4.2% |
| Medicare Day % | 49% | 45% | 45% | -0.4% | -4.3% |
| Medicaid Day % | 2% | 4% | 4% | +4.9% | +35.4% |
COVID Impact & Recovery
Resilience Score: 56/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +9.0% ($358M → $390M)
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
+4.4%
This Hospital
+7.6%
State Avg
Latest Margin
-30.9%
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) | $406M | -31.3% |
| FY2024 (proj) | $422M | -31.6% |
| FY2025 (proj) | $439M | -31.9% |