MERRICK MEDICAL CENTER — History
CCN 281328 | 3-year financial timeline | COVID resilience: 33/100
🛡️ Public data only — no PHI permitted on this instance.
$21M
Latest Revenue (FY2022)
+19.7%
Revenue CAGR (3yr)
-17.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $15M | $18M | $21M | +15.4% | +19.7% |
| Operating Expenses | $16M | $18M | $25M | +37.8% | +26.9% |
| Operating Margin | -4.1% | 2.0% | -17.1% | -973.7% | +0.0% |
| Net Income | $-1M | $0M | $-4M | -1108.4% | +0.0% |
| Licensed Beds | 20 | 20 | 5 | -75.0% | -50.0% |
| Total Patient Days | 778 | 884 | 983 | +11.2% | +12.4% |
| Medicare Day % | 93% | 78% | 72% | -8.0% | -11.8% |
| Medicaid Day % | 1% | 3% | 4% | +34.9% | +148.5% |
COVID Impact & Recovery
Resilience Score: 33/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +43.3% ($15M → $21M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+19.7%
This Hospital
+7.6%
State Avg
Latest Margin
-17.1%
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) | $25M | -23.6% |
| FY2024 (proj) | $28M | -30.0% |
| FY2025 (proj) | $31M | -36.5% |