BEAUMONT HOSPITAL- FARMINGTON HILLS — History
CCN 230151 | 3-year financial timeline | COVID resilience: 54/100
🛡️ Public data only — no PHI permitted on this instance.
$434M
Latest Revenue (FY2022)
+5.8%
Revenue CAGR (3yr)
3.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $388M | $413M | $434M | +5.2% | +5.8% |
| Operating Expenses | $368M | $384M | $420M | +9.4% | +6.8% |
| Operating Margin | 5.1% | 6.9% | 3.3% | -52.9% | -19.8% |
| Net Income | $20M | $29M | $14M | -50.5% | -15.1% |
| Licensed Beds | 226 | 226 | 225 | -0.4% | -0.2% |
| Total Patient Days | 57,992 | 61,671 | 62,431 | +1.2% | +3.8% |
| Medicare Day % | 33% | 30% | 29% | -3.4% | -6.4% |
| Medicaid Day % | 7% | 4% | 3% | -25.2% | -33.0% |
COVID Impact & Recovery
Resilience Score: 54/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +11.9% ($388M → $434M)
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
+5.8%
This Hospital
+7.6%
State Avg
Latest Margin
3.3%
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) | $457M | 2.4% |
| FY2024 (proj) | $481M | 1.5% |
| FY2025 (proj) | $504M | 0.6% |