MAYO CLINIC HEALTH SYSTEM - RED WING — History
CCN 240018 | 3-year financial timeline | COVID resilience: 66/100
🛡️ Public data only — no PHI permitted on this instance.
$149M
Latest Revenue (FY2022)
+16.2%
Revenue CAGR (3yr)
1.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $111M | $144M | $149M | +3.7% | +16.2% |
| Operating Expenses | $128M | $143M | $147M | +2.9% | +7.1% |
| Operating Margin | -15.7% | 0.9% | 1.8% | +86.4% | +0.0% |
| Net Income | $-17M | $1M | $3M | +93.4% | +0.0% |
| Licensed Beds | 50 | 50 | 27 | -46.0% | -26.5% |
| Total Patient Days | 4,147 | 4,211 | 4,205 | -0.1% | +0.7% |
| Medicare Day % | 40% | 42% | 40% | -3.8% | +1.0% |
| Medicaid Day % | 13% | 13% | 12% | -10.4% | -4.0% |
COVID Impact & Recovery
Resilience Score: 66/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +35.1% ($111M → $149M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
+16.2%
This Hospital
+7.6%
State Avg
Latest Margin
1.8%
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) | $169M | 10.5% |
| FY2024 (proj) | $188M | 19.3% |
| FY2025 (proj) | $208M | 28.0% |