MOREHOUSE GENERAL HOSPITAL — History
CCN 190116 | 3-year financial timeline | COVID resilience: 36/100
🛡️ Public data only — no PHI permitted on this instance.
$23M
Latest Revenue (FY2022)
+0.9%
Revenue CAGR (3yr)
-65.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $22M | $33M | $23M | -31.5% | +0.9% |
| Operating Expenses | $33M | $35M | $38M | +6.3% | +6.6% |
| Operating Margin | -48.1% | -6.4% | -65.2% | -914.9% | +0.0% |
| Net Income | $-11M | $-2M | $-15M | -595.2% | +0.0% |
| Licensed Beds | 38 | 39 | 39 | +0.0% | +1.3% |
| Total Patient Days | 3,539 | 3,423 | 2,880 | -15.9% | -9.8% |
| Medicare Day % | 40% | 27% | 20% | -24.0% | -28.2% |
| Medicaid Day % | 1% | 1% | 2% | +93.5% | +46.6% |
COVID Impact & Recovery
Resilience Score: 36/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +1.9% ($22M → $23M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+0.9%
This Hospital
+7.6%
State Avg
Latest Margin
-65.2%
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) | $23M | -73.8% |
| FY2024 (proj) | $23M | -82.3% |
| FY2025 (proj) | $23M | -90.8% |