ATRIUM HEALTH CLEVELAND — History
CCN 340021 | 3-year financial timeline | COVID resilience: 42/100
🛡️ Public data only — no PHI permitted on this instance.
$306M
Latest Revenue (FY2022)
+3.5%
Revenue CAGR (3yr)
1.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $285M | $327M | $306M | -6.4% | +3.5% |
| Operating Expenses | $259M | $284M | $300M | +5.6% | +7.7% |
| Operating Margin | 9.4% | 13.0% | 1.8% | -85.9% | -55.9% |
| Net Income | $27M | $42M | $6M | -86.8% | -54.4% |
| Licensed Beds | 308 | 308 | 308 | +0.0% | +0.0% |
| Total Patient Days | 53,130 | 65,880 | 70,305 | +6.7% | +15.0% |
| Medicare Day % | 32% | 25% | 24% | -5.5% | -13.9% |
| Medicaid Day % | 15% | 10% | 5% | -46.9% | -41.0% |
COVID Impact & Recovery
Resilience Score: 42/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +7.1% ($285M → $306M)
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
+3.5%
This Hospital
+7.6%
State Avg
Latest Margin
1.8%
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) | $316M | -2.0% |
| FY2024 (proj) | $326M | -5.7% |
| FY2025 (proj) | $336M | -9.5% |