THE MERCY HOSPITAL — History
CCN 220066 | 3-year financial timeline | COVID resilience: 17/100
🛡️ Public data only — no PHI permitted on this instance.
$276M
Latest Revenue (FY2022)
-4.1%
Revenue CAGR (3yr)
-12.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $300M | $278M | $276M | -0.7% | -4.1% |
| Operating Expenses | $319M | $332M | $311M | -6.3% | -1.2% |
| Operating Margin | -6.2% | -19.2% | -12.5% | +34.6% | +0.0% |
| Net Income | $-19M | $-53M | $-35M | +35.1% | +0.0% |
| Licensed Beds | 237 | 150 | 150 | +0.0% | -20.4% |
| Total Patient Days | 42,213 | 36,081 | 33,452 | -7.3% | -11.0% |
| Medicare Day % | 26% | 28% | 26% | -9.2% | +0.7% |
| Medicaid Day % | 4% | 5% | 5% | +17.5% | +17.3% |
COVID Impact & Recovery
Resilience Score: 17/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -7.9% ($300M → $276M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-4.1%
This Hospital
+7.6%
State Avg
Latest Margin
-12.5%
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) | $264M | -15.7% |
| FY2024 (proj) | $253M | -18.9% |
| FY2025 (proj) | $241M | -22.0% |