MUNISING MEMORIAL HOSPITAL — History
CCN 231308 | 3-year financial timeline | COVID resilience: 32/100
🛡️ Public data only — no PHI permitted on this instance.
$11M
Latest Revenue (FY2022)
-0.7%
Revenue CAGR (3yr)
-17.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $11M | $12M | $11M | -8.0% | -0.7% |
| Operating Expenses | $12M | $13M | $13M | +2.6% | +5.5% |
| Operating Margin | -4.3% | -5.5% | -17.7% | -222.6% | +0.0% |
| Net Income | $-0M | $-1M | $-2M | -196.7% | +0.0% |
| Licensed Beds | 11 | 11 | 11 | +0.0% | +0.0% |
| Total Patient Days | 835 | 1,308 | 1,134 | -13.3% | +16.5% |
| Medicare Day % | 78% | 63% | 50% | -20.1% | -19.8% |
| Medicaid Day % | 1% | nan% | 0% | +nan% | -71.4% |
COVID Impact & Recovery
Resilience Score: 32/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -1.4% ($11M → $11M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-0.7%
This Hospital
+7.6%
State Avg
Latest Margin
-17.7%
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) | $11M | -24.4% |
| FY2024 (proj) | $11M | -31.1% |
| FY2025 (proj) | $11M | -37.9% |