ST. LUKES HOSPITAL OF DULUTH — History
CCN 240047 | 3-year financial timeline | COVID resilience: 56/100
🛡️ Public data only — no PHI permitted on this instance.
$494M
Latest Revenue (FY2022)
+4.5%
Revenue CAGR (3yr)
-9.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $453M | $489M | $494M | +1.1% | +4.5% |
| Operating Expenses | $495M | $522M | $540M | +3.6% | +4.4% |
| Operating Margin | -9.4% | -6.7% | -9.3% | -38.5% | +0.0% |
| Net Income | $-43M | $-33M | $-46M | -40.1% | +0.0% |
| Licensed Beds | 238 | 238 | 238 | +0.0% | +0.0% |
| Total Patient Days | 52,307 | 53,814 | 50,781 | -5.6% | -1.5% |
| Medicare Day % | 43% | 41% | 37% | -9.8% | -7.0% |
| Medicaid Day % | 11% | 23% | 23% | -1.1% | +47.2% |
COVID Impact & Recovery
Resilience Score: 56/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +9.1% ($453M → $494M)
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
+4.5%
This Hospital
+7.6%
State Avg
Latest Margin
-9.3%
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) | $515M | -9.3% |
| FY2024 (proj) | $535M | -9.3% |
| FY2025 (proj) | $556M | -9.2% |