LEGACY MERIDIAN PARK HOSPITAL — History
CCN 380089 | 3-year financial timeline | COVID resilience: 45/100
🛡️ Public data only — no PHI permitted on this instance.
$265M
Latest Revenue (FY2022)
+4.9%
Revenue CAGR (3yr)
-0.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $241M | $257M | $265M | +3.3% | +4.9% |
| Operating Expenses | $226M | $247M | $266M | +7.9% | +8.6% |
| Operating Margin | 6.3% | 3.8% | -0.4% | -110.9% | +0.0% |
| Net Income | $15M | $10M | $-1M | -111.3% | +0.0% |
| Licensed Beds | 123 | 122 | 123 | +0.8% | +0.0% |
| Total Patient Days | 28,696 | 28,308 | 33,472 | +18.2% | +8.0% |
| Medicare Day % | 28% | 26% | 26% | -2.5% | -4.8% |
| Medicaid Day % | 7% | 7% | 5% | -20.0% | -9.2% |
COVID Impact & Recovery
Resilience Score: 45/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +10.1% ($241M → $265M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+4.9%
This Hospital
+7.6%
State Avg
Latest Margin
-0.4%
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) | $277M | -3.8% |
| FY2024 (proj) | $290M | -7.2% |
| FY2025 (proj) | $302M | -10.5% |