CLEVELAND CLINIC AVON HOSPITAL — History
CCN 360364 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$178M
Latest Revenue (FY2022)
+17.5%
Revenue CAGR (3yr)
16.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $129M | $166M | $178M | +7.3% | +17.5% |
| Operating Expenses | $121M | $130M | $149M | +14.5% | +10.9% |
| Operating Margin | 6.0% | 21.6% | 16.3% | -24.5% | +65.0% |
| Net Income | $8M | $36M | $29M | -19.0% | +93.9% |
| Licensed Beds | 126 | 126 | 126 | +0.0% | +0.0% |
| Total Patient Days | 23,146 | 29,895 | 27,901 | -6.7% | +9.8% |
| Medicare Day % | 37% | 33% | 33% | +2.1% | -4.6% |
| Medicaid Day % | 1% | 2% | 2% | +7.8% | +25.9% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +38.1% ($129M → $178M)
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
+17.5%
This Hospital
+7.6%
State Avg
Latest Margin
16.3%
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) | $203M | 21.5% |
| FY2024 (proj) | $228M | 26.7% |
| FY2025 (proj) | $252M | 31.8% |