NORTH MEMORIAL HEALTH CARE — History
CCN 240001 | 3-year financial timeline | COVID resilience: 55/100
🛡️ Public data only — no PHI permitted on this instance.
$571M
Latest Revenue (FY2022)
+5.0%
Revenue CAGR (3yr)
-37.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $518M | $566M | $571M | +1.0% | +5.0% |
| Operating Expenses | $707M | $731M | $783M | +7.1% | +5.2% |
| Operating Margin | -36.4% | -29.2% | -37.0% | -26.6% | +0.0% |
| Net Income | $-189M | $-165M | $-211M | -27.8% | +0.0% |
| Licensed Beds | 332 | 328 | 328 | +0.0% | -0.6% |
| Total Patient Days | 78,161 | 81,539 | 87,166 | +6.9% | +5.6% |
| Medicare Day % | 24% | 23% | 24% | +3.1% | -0.6% |
| Medicaid Day % | 9% | 6% | 6% | -1.6% | -15.9% |
COVID Impact & Recovery
Resilience Score: 55/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +10.2% ($518M → $571M)
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▲ Growing
vs State Average ()
Revenue Growth
+5.0%
This Hospital
+7.6%
State Avg
Latest Margin
-37.0%
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) | $598M | -37.3% |
| FY2024 (proj) | $624M | -37.6% |
| FY2025 (proj) | $651M | -37.9% |