MIDWEST SURGICAL HOSPITAL — History
CCN 280131 | 3-year financial timeline | COVID resilience: 64/100
🛡️ Public data only — no PHI permitted on this instance.
$70M
Latest Revenue (FY2022)
+13.2%
Revenue CAGR (3yr)
36.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $55M | $67M | $70M | +4.7% | +13.2% |
| Operating Expenses | $34M | $42M | $45M | +6.2% | +14.6% |
| Operating Margin | 37.8% | 37.2% | 36.2% | -2.5% | -2.1% |
| Net Income | $21M | $25M | $25M | +2.1% | +10.8% |
| Licensed Beds | 19 | 19 | 19 | +0.0% | +0.0% |
| Total Patient Days | 2,015 | 1,545 | 1,093 | -29.3% | -26.4% |
| Medicare Day % | 44% | 43% | 51% | +18.7% | +7.5% |
| Medicaid Day % | 2% | 4% | 1% | -69.9% | -14.8% |
COVID Impact & Recovery
Resilience Score: 64/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +28.1% ($55M → $70M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
+13.2%
This Hospital
+7.6%
State Avg
Latest Margin
36.2%
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) | $78M | 35.5% |
| FY2024 (proj) | $85M | 34.7% |
| FY2025 (proj) | $93M | 33.9% |