CHI HEALTH MERCY CORNING — History
CCN 161304 | 3-year financial timeline | COVID resilience: 56/100
🛡️ Public data only — no PHI permitted on this instance.
$19M
Latest Revenue (FY2022)
+5.5%
Revenue CAGR (3yr)
-12.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $17M | $19M | $19M | +0.4% | +5.5% |
| Operating Expenses | $19M | $21M | $22M | +4.4% | +5.8% |
| Operating Margin | -11.6% | -7.9% | -12.2% | -53.8% | +0.0% |
| Net Income | $-2M | $-2M | $-2M | -54.5% | +0.0% |
| Licensed Beds | 22 | 22 | 22 | +0.0% | +0.0% |
| Total Patient Days | 939 | 1,105 | 1,271 | +15.0% | +16.3% |
| Medicare Day % | 84% | 63% | 58% | -7.3% | -16.6% |
| Medicaid Day % | nan% | 0% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 56/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +11.3% ($17M → $19M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+5.5%
This Hospital
+7.6%
State Avg
Latest Margin
-12.2%
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) | $20M | -12.5% |
| FY2024 (proj) | $21M | -12.9% |
| FY2025 (proj) | $22M | -13.2% |