GRADY MEMORIAL HOSPITAL — History
CCN 360210 | 3-year financial timeline | COVID resilience: 52/100
🛡️ Public data only — no PHI permitted on this instance.
$147M
Latest Revenue (FY2022)
+8.8%
Revenue CAGR (3yr)
16.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $124M | $137M | $147M | +7.0% | +8.8% |
| Operating Expenses | $99M | $111M | $123M | +10.8% | +11.3% |
| Operating Margin | 20.2% | 19.4% | 16.5% | -15.0% | -9.6% |
| Net Income | $25M | $27M | $24M | -9.0% | -1.6% |
| Licensed Beds | 64 | 64 | 60 | -6.2% | -3.2% |
| Total Patient Days | 6,117 | 7,221 | 7,268 | +0.7% | +9.0% |
| Medicare Day % | 30% | 28% | 30% | +6.4% | -0.4% |
| Medicaid Day % | 5% | 2% | 4% | +73.6% | -13.6% |
COVID Impact & Recovery
Resilience Score: 52/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +18.5% ($124M → $147M)
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
+8.8%
This Hospital
+7.6%
State Avg
Latest Margin
16.5%
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) | $158M | 14.7% |
| FY2024 (proj) | $170M | 12.8% |
| FY2025 (proj) | $181M | 11.0% |