MERCYONE WATERLOO MEDICAL CENTER — History
CCN 160067 | 3-year financial timeline | COVID resilience: 29/100
🛡️ Public data only — no PHI permitted on this instance.
$283M
Latest Revenue (FY2022)
+0.4%
Revenue CAGR (3yr)
-5.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $281M | $284M | $283M | -0.3% | +0.4% |
| Operating Expenses | $280M | $305M | $298M | -2.4% | +3.2% |
| Operating Margin | 0.5% | -7.3% | -5.1% | +30.5% | +0.0% |
| Net Income | $1M | $-21M | $-14M | +30.8% | +0.0% |
| Licensed Beds | 162 | 162 | 134 | -17.3% | -9.1% |
| Total Patient Days | 26,088 | 28,795 | 28,908 | +0.4% | +5.3% |
| Medicare Day % | 28% | 24% | 24% | +1.4% | -7.0% |
| Medicaid Day % | 8% | 13% | 2% | -86.1% | -53.0% |
COVID Impact & Recovery
Resilience Score: 29/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +0.8% ($281M → $283M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+0.4%
This Hospital
+7.6%
State Avg
Latest Margin
-5.1%
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) | $284M | -7.9% |
| FY2024 (proj) | $286M | -10.6% |
| FY2025 (proj) | $287M | -13.4% |