CHILDRENS HOSPITAL OF MICHIGAN — History
CCN 233300 | 3-year financial timeline | COVID resilience: 78/100
🛡️ Public data only — no PHI permitted on this instance.
$393M
Latest Revenue (FY2022)
+8.5%
Revenue CAGR (3yr)
-0.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $334M | $432M | $393M | -9.1% | +8.5% |
| Operating Expenses | $370M | $392M | $394M | +0.6% | +3.3% |
| Operating Margin | -10.7% | 9.4% | -0.4% | -103.8% | +0.0% |
| Net Income | $-36M | $41M | $-1M | -103.4% | +0.0% |
| Licensed Beds | 228 | 226 | 227 | +0.4% | -0.2% |
| Total Patient Days | 47,536 | 54,423 | 50,513 | -7.2% | +3.1% |
| Medicare Day % | 0% | 0% | 1% | +14.8% | +7.0% |
| Medicaid Day % | 9% | 9% | 9% | -6.1% | -2.9% |
COVID Impact & Recovery
Resilience Score: 78/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +17.7% ($334M → $393M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
+8.5%
This Hospital
+7.6%
State Avg
Latest Margin
-0.4%
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) | $423M | 4.8% |
| FY2024 (proj) | $452M | 10.0% |
| FY2025 (proj) | $482M | 15.2% |