MOUNT CARMEL HEALTH — History
CCN 360035 | 3-year financial timeline | COVID resilience: 27/100
🛡️ Public data only — no PHI permitted on this instance.
$736M
Latest Revenue (FY2022)
-2.4%
Revenue CAGR (3yr)
-11.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $772M | $741M | $736M | -0.7% | -2.4% |
| Operating Expenses | $804M | $857M | $821M | -4.2% | +1.0% |
| Operating Margin | -4.1% | -15.6% | -11.5% | +26.3% | +0.0% |
| Net Income | $-32M | $-116M | $-85M | +26.8% | +0.0% |
| Licensed Beds | 578 | 507 | 520 | +2.6% | -5.1% |
| Total Patient Days | 137,871 | 132,293 | 122,218 | -7.6% | -5.8% |
| Medicare Day % | 21% | 19% | 18% | -4.0% | -7.4% |
| Medicaid Day % | 6% | 6% | 8% | +18.3% | +12.4% |
COVID Impact & Recovery
Resilience Score: 27/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -4.7% ($772M → $736M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-2.4%
This Hospital
+7.6%
State Avg
Latest Margin
-11.5%
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) | $717M | -15.3% |
| FY2024 (proj) | $699M | -19.0% |
| FY2025 (proj) | $681M | -22.7% |