JERSEY CITY MEDICAL CENTER — History
CCN 310074 | 3-year financial timeline | COVID resilience: 79/100
🛡️ Public data only — no PHI permitted on this instance.
$457M
Latest Revenue (FY2022)
+15.2%
Revenue CAGR (3yr)
-13.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $344M | $413M | $457M | +10.5% | +15.2% |
| Operating Expenses | $421M | $461M | $520M | +12.8% | +11.1% |
| Operating Margin | -22.2% | -11.4% | -13.7% | -20.4% | +0.0% |
| Net Income | $-77M | $-47M | $-63M | -33.0% | +0.0% |
| Licensed Beds | 296 | 303 | 289 | -4.6% | -1.2% |
| Total Patient Days | 63,164 | 68,514 | 65,849 | -3.9% | +2.1% |
| Medicare Day % | 19% | 17% | 17% | +4.8% | -4.9% |
| Medicaid Day % | 11% | 7% | 8% | +14.8% | -15.1% |
COVID Impact & Recovery
Resilience Score: 79/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +32.7% ($344M → $457M)
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
+15.2%
This Hospital
+7.6%
State Avg
Latest Margin
-13.7%
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) | $513M | -9.5% |
| FY2024 (proj) | $569M | -5.2% |
| FY2025 (proj) | $626M | -1.0% |