MAYO CLNIC HEALTH SYSTEM - LAKE CITY — History
CCN 241338 | 3-year financial timeline | COVID resilience: 62/100
🛡️ Public data only — no PHI permitted on this instance.
$36M
Latest Revenue (FY2022)
+6.9%
Revenue CAGR (3yr)
-5.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $32M | $35M | $36M | +4.7% | +6.9% |
| Operating Expenses | $34M | $35M | $38M | +9.4% | +6.1% |
| Operating Margin | -6.6% | -0.5% | -5.0% | -852.3% | +0.0% |
| Net Income | $-2M | $-0M | $-2M | -897.0% | +0.0% |
| Licensed Beds | 18 | 18 | 18 | +0.0% | +0.0% |
| Total Patient Days | 3,016 | 3,233 | 2,921 | -9.7% | -1.6% |
| Medicare Day % | 50% | 56% | 57% | +3.4% | +7.6% |
| Medicaid Day % | 5% | 4% | 2% | -50.6% | -35.1% |
COVID Impact & Recovery
Resilience Score: 62/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +14.3% ($32M → $36M)
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
+6.9%
This Hospital
+7.6%
State Avg
Latest Margin
-5.0%
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) | $38M | -4.3% |
| FY2024 (proj) | $41M | -3.5% |
| FY2025 (proj) | $43M | -2.7% |