MASSACHUSETTS GENERAL HOSPITAL — History
CCN 220071 | 3-year financial timeline | COVID resilience: 62/100
🛡️ Public data only — no PHI permitted on this instance.
$3.5B
Latest Revenue (FY2022)
+8.9%
Revenue CAGR (3yr)
-44.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $3.0B | $3.4B | $3.5B | +3.8% | +8.9% |
| Operating Expenses | $4.3B | $4.8B | $5.1B | +6.7% | +8.9% |
| Operating Margin | -44.9% | -41.0% | -44.9% | -9.6% | +0.0% |
| Net Income | $-1.3B | $-1.4B | $-1.6B | -13.7% | +0.0% |
| Licensed Beds | 995 | 995 | 997 | +0.2% | +0.1% |
| Total Patient Days | 310,408 | 330,657 | 337,056 | +1.9% | +4.2% |
| Medicare Day % | 37% | 35% | 34% | -2.6% | -3.6% |
| Medicaid Day % | 9% | 10% | 11% | +10.2% | +10.3% |
COVID Impact & Recovery
Resilience Score: 62/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +18.6% ($3.0B → $3.5B)
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
+8.9%
This Hospital
+7.6%
State Avg
Latest Margin
-44.9%
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) | $3.8B | -44.9% |
| FY2024 (proj) | $4.1B | -44.9% |
| FY2025 (proj) | $4.3B | -44.9% |