THE MOSES H. CONE MEMORIAL HOSPITAL — History
CCN 340091 | 3-year financial timeline | COVID resilience: 29/100
🛡️ Public data only — no PHI permitted on this instance.
$1.2B
Latest Revenue (FY2022)
-3.3%
Revenue CAGR (3yr)
-4.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $1.3B | $1.2B | $1.2B | +1.0% | -3.3% |
| Operating Expenses | $1.0B | $1.2B | $1.3B | +10.5% | +10.8% |
| Operating Margin | 20.5% | 4.7% | -4.3% | -192.1% | +0.0% |
| Net Income | $270M | $57M | $-53M | -192.9% | +0.0% |
| Licensed Beds | 775 | 822 | 779 | -5.2% | +0.3% |
| Total Patient Days | 200,040 | 224,265 | 212,096 | -5.4% | +3.0% |
| Medicare Day % | 19% | 18% | 16% | -9.8% | -8.3% |
| Medicaid Day % | 20% | 16% | 6% | -61.5% | -43.8% |
COVID Impact & Recovery
Resilience Score: 29/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -6.5% ($1.3B → $1.2B)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-3.3%
This Hospital
+7.6%
State Avg
Latest Margin
-4.3%
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) | $1.2B | -16.7% |
| FY2024 (proj) | $1.1B | -29.1% |
| FY2025 (proj) | $1.1B | -41.5% |