ERIE COUNTY MEDICAL CENTER — History
CCN 330219 | 3-year financial timeline | COVID resilience: 76/100
🛡️ Public data only — no PHI permitted on this instance.
$604M
Latest Revenue (FY2022)
+4.3%
Revenue CAGR (3yr)
-22.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $555M | $636M | $604M | -5.0% | +4.3% |
| Operating Expenses | $745M | $721M | $739M | +2.5% | -0.4% |
| Operating Margin | -34.1% | -13.3% | -22.2% | -66.7% | +0.0% |
| Net Income | $-190M | $-85M | $-134M | -58.4% | +0.0% |
| Licensed Beds | 385 | 432 | 410 | -5.1% | +3.2% |
| Total Patient Days | 103,305 | 119,651 | 121,854 | +1.8% | +8.6% |
| Medicare Day % | 19% | 18% | 17% | -5.1% | -4.7% |
| Medicaid Day % | 7% | 5% | 4% | -17.9% | -27.3% |
COVID Impact & Recovery
Resilience Score: 76/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +8.8% ($555M → $604M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+4.3%
This Hospital
+7.6%
State Avg
Latest Margin
-22.2%
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) | $629M | -16.2% |
| FY2024 (proj) | $653M | -10.3% |
| FY2025 (proj) | $678M | -4.3% |