CAROLINAS MEDICAL CENTER — History
CCN 340113 | 3-year financial timeline | COVID resilience: 58/100
🛡️ Public data only — no PHI permitted on this instance.
$3.0B
Latest Revenue (FY2022)
+10.4%
Revenue CAGR (3yr)
-5.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $2.5B | $2.9B | $3.0B | +3.3% | +10.4% |
| Operating Expenses | $2.5B | $2.9B | $3.2B | +9.5% | +12.9% |
| Operating Margin | -0.8% | 0.5% | -5.5% | -1249.1% | +0.0% |
| Net Income | $-20M | $14M | $-166M | -1287.2% | +0.0% |
| Licensed Beds | 1,119 | 1,134 | 1,142 | +0.7% | +1.0% |
| Total Patient Days | 314,549 | 353,130 | 380,570 | +7.8% | +10.0% |
| Medicare Day % | 20% | 17% | 15% | -9.4% | -12.1% |
| Medicaid Day % | 26% | 19% | 9% | -48.8% | -39.5% |
COVID Impact & Recovery
Resilience Score: 58/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +21.9% ($2.5B → $3.0B)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+10.4%
This Hospital
+7.6%
State Avg
Latest Margin
-5.5%
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) | $3.3B | -7.8% |
| FY2024 (proj) | $3.6B | -10.2% |
| FY2025 (proj) | $3.8B | -12.5% |