MORRIS COUNTY HOSPITAL — History
CCN 171379 | 3-year financial timeline | COVID resilience: 73/100
🛡️ Public data only — no PHI permitted on this instance.
$13M
Latest Revenue (FY2022)
+12.0%
Revenue CAGR (3yr)
-20.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $11M | $14M | $13M | -1.6% | +12.0% |
| Operating Expenses | $13M | $15M | $16M | +8.3% | +10.1% |
| Operating Margin | -25.1% | -9.8% | -20.8% | -113.4% | +0.0% |
| Net Income | $-3M | $-1M | $-3M | -109.9% | +0.0% |
| Licensed Beds | 21 | 21 | 21 | +0.0% | +0.0% |
| Total Patient Days | 1,180 | 1,269 | 1,249 | -1.6% | +2.9% |
| Medicare Day % | 80% | 71% | 72% | +0.8% | -5.3% |
| Medicaid Day % | 1% | 1% | 2% | +46.1% | +24.6% |
COVID Impact & Recovery
Resilience Score: 73/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +25.5% ($11M → $13M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+12.0%
This Hospital
+7.6%
State Avg
Latest Margin
-20.8%
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) | $15M | -18.7% |
| FY2024 (proj) | $16M | -16.5% |
| FY2025 (proj) | $17M | -14.4% |