CLEVELAND CLINIC MERCY MEDICAL CENTE — History
CCN 360070 | 3-year financial timeline | COVID resilience: 47/100
🛡️ Public data only — no PHI permitted on this instance.
$355M
Latest Revenue (FY2022)
+5.2%
Revenue CAGR (3yr)
-14.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $321M | $368M | $355M | -3.6% | +5.2% |
| Operating Expenses | $359M | $392M | $406M | +3.6% | +6.3% |
| Operating Margin | -12.1% | -6.5% | -14.5% | -123.9% | +0.0% |
| Net Income | $-39M | $-24M | $-51M | -115.8% | +0.0% |
| Licensed Beds | 349 | 317 | 317 | +0.0% | -4.7% |
| Total Patient Days | 57,184 | 68,465 | 66,701 | -2.6% | +8.0% |
| Medicare Day % | 24% | 22% | 21% | -3.9% | -6.4% |
| Medicaid Day % | 3% | 5% | 5% | -8.5% | +13.9% |
COVID Impact & Recovery
Resilience Score: 47/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +10.7% ($321M → $355M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+5.2%
This Hospital
+7.6%
State Avg
Latest Margin
-14.5%
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) | $372M | -15.7% |
| FY2024 (proj) | $389M | -16.9% |
| FY2025 (proj) | $406M | -18.1% |