PRESBYTERIAN HOSPITAL MATTHEWS — History
CCN 340171 | 3-year financial timeline | COVID resilience: 55/100
🛡️ Public data only — no PHI permitted on this instance.
$275M
Latest Revenue (FY2022)
+3.8%
Revenue CAGR (3yr)
14.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $255M | $290M | $275M | -5.3% | +3.8% |
| Operating Expenses | $177M | $226M | $236M | +4.4% | +15.4% |
| Operating Margin | 30.7% | 22.3% | 14.3% | -35.7% | -31.7% |
| Net Income | $78M | $65M | $39M | -39.1% | -29.1% |
| Licensed Beds | 123 | 157 | 157 | +0.0% | +13.0% |
| Total Patient Days | 43,284 | 50,493 | 46,422 | -8.1% | +3.6% |
| Medicare Day % | 29% | 28% | 27% | -1.1% | -3.5% |
| Medicaid Day % | 11% | 6% | 3% | -56.8% | -50.1% |
COVID Impact & Recovery
Resilience Score: 55/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +7.8% ($255M → $275M)
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
+3.8%
This Hospital
+7.6%
State Avg
Latest Margin
14.3%
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) | $285M | 6.1% |
| FY2024 (proj) | $295M | -2.0% |
| FY2025 (proj) | $305M | -10.2% |