MEMORIAL HOSPITAL AT GULFPORT — History
CCN 250019 | 3-year financial timeline | COVID resilience: 66/100
🛡️ Public data only — no PHI permitted on this instance.
$700M
Latest Revenue (FY2022)
+13.3%
Revenue CAGR (3yr)
-15.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $545M | $617M | $700M | +13.4% | +13.3% |
| Operating Expenses | $651M | $765M | $810M | +5.9% | +11.6% |
| Operating Margin | -19.3% | -23.9% | -15.7% | +34.4% | +0.0% |
| Net Income | $-105M | $-147M | $-110M | +25.6% | +0.0% |
| Licensed Beds | 309 | 303 | 278 | -8.3% | -5.1% |
| Total Patient Days | 69,887 | 74,939 | 74,456 | -0.6% | +3.2% |
| Medicare Day % | 40% | 36% | 33% | -8.3% | -9.2% |
| Medicaid Day % | 15% | 12% | 14% | +14.9% | -5.0% |
COVID Impact & Recovery
Resilience Score: 66/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +28.4% ($545M → $700M)
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
+13.3%
This Hospital
+7.6%
State Avg
Latest Margin
-15.7%
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) | $778M | -13.8% |
| FY2024 (proj) | $855M | -12.0% |
| FY2025 (proj) | $932M | -10.2% |