MERITUS MEDICAL CENTER — History
CCN 210001 | 3-year financial timeline | COVID resilience: 34/100
🛡️ Public data only — no PHI permitted on this instance.
$396M
Latest Revenue (FY2022)
+1.9%
Revenue CAGR (3yr)
1.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $382M | $381M | $396M | +4.0% | +1.9% |
| Operating Expenses | $340M | $385M | $390M | +1.3% | +7.1% |
| Operating Margin | 10.9% | -1.0% | 1.5% | +253.1% | -62.3% |
| Net Income | $42M | $-4M | $6M | +259.2% | -61.6% |
| Licensed Beds | 274 | 254 | 265 | +4.3% | -1.7% |
| Total Patient Days | 67,869 | 73,541 | 66,876 | -9.1% | -0.7% |
| Medicare Day % | 45% | 44% | 43% | -3.0% | -2.3% |
| Medicaid Day % | 6% | 6% | 7% | +18.7% | +2.2% |
COVID Impact & Recovery
Resilience Score: 34/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +3.8% ($382M → $396M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+1.9%
This Hospital
+7.6%
State Avg
Latest Margin
1.5%
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) | $404M | -3.1% |
| FY2024 (proj) | $411M | -7.8% |
| FY2025 (proj) | $418M | -12.5% |