MERIT HEALTH WESLEY — History
CCN 250094 | 3-year financial timeline | COVID resilience: 38/100
🛡️ Public data only — no PHI permitted on this instance.
$141M
Latest Revenue (FY2022)
+1.8%
Revenue CAGR (3yr)
1.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $136M | $157M | $141M | -10.3% | +1.8% |
| Operating Expenses | $126M | $141M | $139M | -1.4% | +5.0% |
| Operating Margin | 7.2% | 10.2% | 1.3% | -87.3% | -57.5% |
| Net Income | $10M | $16M | $2M | -88.6% | -56.7% |
| Licensed Beds | 129 | 122 | 121 | -0.8% | -3.2% |
| Total Patient Days | 32,215 | 36,532 | 33,047 | -9.5% | +1.3% |
| Medicare Day % | 34% | 30% | 31% | +2.0% | -4.4% |
| Medicaid Day % | 21% | 20% | 17% | -14.4% | -9.0% |
COVID Impact & Recovery
Resilience Score: 38/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +3.6% ($136M → $141M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+1.8%
This Hospital
+7.6%
State Avg
Latest Margin
1.3%
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) | $143M | -1.7% |
| FY2024 (proj) | $146M | -4.6% |
| FY2025 (proj) | $148M | -7.6% |