MEMORIAL HEALTHCARE — History
CCN 230121 | 3-year financial timeline | COVID resilience: 56/100
🛡️ Public data only — no PHI permitted on this instance.
$226M
Latest Revenue (FY2022)
+8.0%
Revenue CAGR (3yr)
-13.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $194M | $213M | $226M | +6.1% | +8.0% |
| Operating Expenses | $215M | $239M | $257M | +7.3% | +9.3% |
| Operating Margin | -10.7% | -12.2% | -13.4% | -10.0% | +0.0% |
| Net Income | $-21M | $-26M | $-30M | -16.7% | +0.0% |
| Licensed Beds | 113 | 113 | 113 | +0.0% | +0.0% |
| Total Patient Days | 15,351 | 18,093 | 17,214 | -4.9% | +5.9% |
| Medicare Day % | 27% | 28% | 25% | -12.7% | -4.8% |
| Medicaid Day % | 2% | 1% | 2% | +52.8% | -5.4% |
COVID Impact & Recovery
Resilience Score: 56/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +16.6% ($194M → $226M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+8.0%
This Hospital
+7.6%
State Avg
Latest Margin
-13.4%
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) | $242M | -14.8% |
| FY2024 (proj) | $259M | -16.2% |
| FY2025 (proj) | $275M | -17.6% |