ST JOSEPH MERCY HOSPITAL ANN ARBOR — History
CCN 230156 | 3-year financial timeline | COVID resilience: 63/100
🛡️ Public data only — no PHI permitted on this instance.
$1.0B
Latest Revenue (FY2022)
+5.9%
Revenue CAGR (3yr)
-1.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $893M | $970M | $1.0B | +3.1% | +5.9% |
| Operating Expenses | $909M | $991M | $1.0B | +1.9% | +5.4% |
| Operating Margin | -1.8% | -2.2% | -1.0% | +53.7% | +0.0% |
| Net Income | $-16M | $-21M | $-10M | +52.3% | +0.0% |
| Licensed Beds | 449 | 462 | 475 | +2.8% | +2.9% |
| Total Patient Days | 131,813 | 147,306 | 147,918 | +0.4% | +5.9% |
| Medicare Day % | 29% | 25% | 24% | -4.4% | -9.6% |
| Medicaid Day % | 4% | 4% | 4% | +8.5% | -1.4% |
COVID Impact & Recovery
Resilience Score: 63/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +12.1% ($893M → $1.0B)
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
+5.9%
This Hospital
+7.6%
State Avg
Latest Margin
-1.0%
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) | $1.1B | -0.6% |
| FY2024 (proj) | $1.1B | -0.2% |
| FY2025 (proj) | $1.2B | 0.2% |