STRONG MEMORIAL HOSPITAL — History
CCN 330285 | 3-year financial timeline | COVID resilience: 56/100
🛡️ Public data only — no PHI permitted on this instance.
$3.3B
Latest Revenue (FY2022)
+10.2%
Revenue CAGR (3yr)
5.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $2.7B | $2.9B | $3.3B | +14.2% | +10.2% |
| Operating Expenses | $2.5B | $2.8B | $3.1B | +14.0% | +12.6% |
| Operating Margin | 9.1% | 5.0% | 5.2% | +3.6% | -24.6% |
| Net Income | $249M | $145M | $172M | +18.3% | -16.9% |
| Licensed Beds | 761 | 757 | 749 | -1.1% | -0.8% |
| Total Patient Days | 270,504 | 281,765 | 299,387 | +6.3% | +5.2% |
| Medicare Day % | 20% | 16% | 15% | -11.8% | -13.8% |
| Medicaid Day % | 5% | 5% | 5% | +3.1% | -0.6% |
COVID Impact & Recovery
Resilience Score: 56/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +21.4% ($2.7B → $3.3B)
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▲ Growing
vs State Average ()
Revenue Growth
+10.2%
This Hospital
+7.6%
State Avg
Latest Margin
5.2%
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) | $3.6B | 3.2% |
| FY2024 (proj) | $3.9B | 1.2% |
| FY2025 (proj) | $4.2B | -0.7% |