MORTON HOSPITAL — History
CCN 220073 | 3-year financial timeline | COVID resilience: 100/100
🛡️ Public data only — no PHI permitted on this instance.
$156M
Latest Revenue (FY2022)
+14.9%
Revenue CAGR (3yr)
-6.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $119M | $140M | $156M | +11.4% | +14.9% |
| Operating Expenses | $145M | $149M | $166M | +11.1% | +6.8% |
| Operating Margin | -22.6% | -6.2% | -6.0% | +3.4% | +0.0% |
| Net Income | $-27M | $-9M | $-9M | -7.6% | +0.0% |
| Licensed Beds | 93 | 97 | 125 | +28.9% | +15.9% |
| Total Patient Days | 23,499 | 26,469 | 32,145 | +21.4% | +17.0% |
| Medicare Day % | 56% | 45% | 44% | -1.5% | -10.6% |
| Medicaid Day % | 10% | 11% | 17% | +52.4% | +27.1% |
COVID Impact & Recovery
Resilience Score: 100/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +31.9% ($119M → $156M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+14.9%
This Hospital
+7.6%
State Avg
Latest Margin
-6.0%
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) | $175M | 2.3% |
| FY2024 (proj) | $194M | 10.6% |
| FY2025 (proj) | $213M | 19.0% |