CLEVELAND CLINIC HOSPITAL — History
CCN 360180 | 3-year financial timeline | COVID resilience: 66/100
🛡️ Public data only — no PHI permitted on this instance.
$6.4B
Latest Revenue (FY2022)
+10.3%
Revenue CAGR (3yr)
-17.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $5.2B | $6.0B | $6.4B | +5.7% | +10.3% |
| Operating Expenses | $6.2B | $6.8B | $7.5B | +11.2% | +9.7% |
| Operating Margin | -19.1% | -11.8% | -17.7% | -49.4% | +0.0% |
| Net Income | $-999M | $-715M | $-1.1B | -57.9% | +0.0% |
| Licensed Beds | 1,325 | 1,326 | 1,326 | +0.0% | +0.0% |
| Total Patient Days | 341,211 | 372,973 | 367,453 | -1.5% | +3.8% |
| Medicare Day % | 27% | 25% | 22% | -8.8% | -8.7% |
| Medicaid Day % | 4% | 4% | 5% | +28.7% | +19.4% |
COVID Impact & Recovery
Resilience Score: 66/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +21.7% ($5.2B → $6.4B)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+10.3%
This Hospital
+7.6%
State Avg
Latest Margin
-17.7%
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) | $6.9B | -17.0% |
| FY2024 (proj) | $7.5B | -16.3% |
| FY2025 (proj) | $8.1B | -15.7% |