HENRY FORD HOSPITAL — History
CCN 230053 | 3-year financial timeline | COVID resilience: 81/100
🛡️ Public data only — no PHI permitted on this instance.
$2.3B
Latest Revenue (FY2022)
+14.8%
Revenue CAGR (3yr)
-14.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $1.8B | $2.2B | $2.3B | +6.5% | +14.8% |
| Operating Expenses | $2.3B | $2.5B | $2.7B | +4.6% | +7.9% |
| Operating Margin | -30.0% | -16.9% | -14.8% | +12.7% | +0.0% |
| Net Income | $-529M | $-369M | $-343M | +7.0% | +0.0% |
| Licensed Beds | 693 | 678 | 670 | -1.2% | -1.7% |
| Total Patient Days | 179,536 | 189,551 | 187,576 | -1.0% | +2.2% |
| Medicare Day % | 22% | 19% | 18% | -7.6% | -10.9% |
| Medicaid Day % | 7% | 5% | 5% | -9.7% | -14.5% |
COVID Impact & Recovery
Resilience Score: 81/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +31.9% ($1.8B → $2.3B)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+14.8%
This Hospital
+7.6%
State Avg
Latest Margin
-14.8%
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) | $2.6B | -7.2% |
| FY2024 (proj) | $2.9B | 0.5% |
| FY2025 (proj) | $3.2B | 8.1% |