ATRIUM HEALTH CABARRUS — History
CCN 340001 | 3-year financial timeline | COVID resilience: 68/100
🛡️ Public data only — no PHI permitted on this instance.
$759M
Latest Revenue (FY2022)
+13.4%
Revenue CAGR (3yr)
13.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $590M | $741M | $759M | +2.5% | +13.4% |
| Operating Expenses | $514M | $599M | $653M | +9.2% | +12.8% |
| Operating Margin | 13.0% | 19.2% | 13.9% | -27.5% | +3.6% |
| Net Income | $76M | $142M | $106M | -25.7% | +17.4% |
| Licensed Beds | 447 | 447 | 447 | +0.0% | +0.0% |
| Total Patient Days | 113,679 | 133,256 | 144,288 | +8.3% | +12.7% |
| Medicare Day % | 26% | 24% | 23% | -5.3% | -6.6% |
| Medicaid Day % | 19% | 13% | 8% | -38.0% | -35.8% |
COVID Impact & Recovery
Resilience Score: 68/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +28.6% ($590M → $759M)
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
+13.4%
This Hospital
+7.6%
State Avg
Latest Margin
13.9%
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) | $843M | 14.4% |
| FY2024 (proj) | $928M | 14.8% |
| FY2025 (proj) | $1.0B | 15.3% |