ST. MICHAELS MEDICAL CENTER — History
CCN 310096 | 3-year financial timeline | COVID resilience: 80/100
🛡️ Public data only — no PHI permitted on this instance.
$199M
Latest Revenue (FY2022)
+16.4%
Revenue CAGR (3yr)
-13.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $147M | $167M | $199M | +19.3% | +16.4% |
| Operating Expenses | $179M | $180M | $226M | +25.1% | +12.3% |
| Operating Margin | -22.0% | -8.4% | -13.6% | -63.3% | +0.0% |
| Net Income | $-32M | $-14M | $-27M | -94.7% | +0.0% |
| Licensed Beds | 147 | 147 | 147 | +0.0% | +0.0% |
| Total Patient Days | 28,718 | 27,061 | 26,678 | -1.4% | -3.6% |
| Medicare Day % | 23% | 22% | 19% | -14.0% | -10.1% |
| Medicaid Day % | 7% | 3% | 7% | +101.0% | +2.7% |
COVID Impact & Recovery
Resilience Score: 80/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +35.5% ($147M → $199M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+16.4%
This Hospital
+7.6%
State Avg
Latest Margin
-13.6%
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) | $225M | -9.4% |
| FY2024 (proj) | $251M | -5.2% |
| FY2025 (proj) | $277M | -1.1% |