MERCY MEDICAL CENTER-DES MOINES — History
CCN 160083 | 3-year financial timeline | COVID resilience: 55/100
🛡️ Public data only — no PHI permitted on this instance.
$636M
Latest Revenue (FY2022)
-1.5%
Revenue CAGR (3yr)
-5.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $655M | $643M | $636M | -1.2% | -1.5% |
| Operating Expenses | $735M | $697M | $672M | -3.6% | -4.4% |
| Operating Margin | -12.3% | -8.4% | -5.7% | +32.3% | +0.0% |
| Net Income | $-80M | $-54M | $-36M | +33.1% | +0.0% |
| Licensed Beds | 585 | 591 | 556 | -5.9% | -2.5% |
| Total Patient Days | 157,550 | 149,664 | 143,393 | -4.2% | -4.6% |
| Medicare Day % | 30% | 26% | 25% | -4.3% | -8.7% |
| Medicaid Day % | 7% | 9% | 7% | -17.2% | +4.0% |
COVID Impact & Recovery
Resilience Score: 55/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: -2.9% ($655M → $636M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-1.5%
This Hospital
+7.6%
State Avg
Latest Margin
-5.7%
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) | $626M | -2.4% |
| FY2024 (proj) | $617M | 0.9% |
| FY2025 (proj) | $607M | 4.2% |