MAYO CLINIC HEALTH SYSTEM-FAIRMONT — History
CCN 240166 | 3-year financial timeline | COVID resilience: 65/100
🛡️ Public data only — no PHI permitted on this instance.
$82M
Latest Revenue (FY2022)
+11.0%
Revenue CAGR (3yr)
-3.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $67M | $79M | $82M | +3.8% | +11.0% |
| Operating Expenses | $76M | $83M | $85M | +2.9% | +5.5% |
| Operating Margin | -14.7% | -4.6% | -3.7% | +19.8% | +0.0% |
| Net Income | $-10M | $-4M | $-3M | +16.8% | +0.0% |
| Licensed Beds | 55 | 55 | 37 | -32.7% | -18.0% |
| Total Patient Days | 3,156 | 3,631 | 4,085 | +12.5% | +13.8% |
| Medicare Day % | 43% | 41% | 42% | +3.4% | -1.1% |
| Medicaid Day % | 19% | 13% | 14% | +8.1% | -12.9% |
COVID Impact & Recovery
Resilience Score: 65/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +23.1% ($67M → $82M)
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▲ Growing
vs State Average ()
Revenue Growth
+11.0%
This Hospital
+7.6%
State Avg
Latest Margin
-3.7%
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) | $90M | 1.8% |
| FY2024 (proj) | $98M | 7.3% |
| FY2025 (proj) | $105M | 12.8% |