MEMORIAL MEDICAL CENTER — History
CCN 390110 | 3-year financial timeline | COVID resilience: 11/100
🛡️ Public data only — no PHI permitted on this instance.
$435M
Latest Revenue (FY2022)
-4.0%
Revenue CAGR (3yr)
-21.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $472M | $460M | $435M | -5.4% | -4.0% |
| Operating Expenses | $489M | $532M | $528M | -0.8% | +3.9% |
| Operating Margin | -3.6% | -15.6% | -21.2% | -36.1% | +0.0% |
| Net Income | $-17M | $-72M | $-92M | -28.8% | +0.0% |
| Licensed Beds | 344 | 290 | 241 | -16.9% | -16.3% |
| Total Patient Days | 73,483 | 72,354 | 65,256 | -9.8% | -5.8% |
| Medicare Day % | 19% | 18% | 15% | -16.3% | -11.6% |
| Medicaid Day % | 3% | 2% | 1% | -27.9% | -33.5% |
COVID Impact & Recovery
Resilience Score: 11/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -7.8% ($472M → $435M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-4.0%
This Hospital
+7.6%
State Avg
Latest Margin
-21.2%
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) | $417M | -30.1% |
| FY2024 (proj) | $398M | -38.9% |
| FY2025 (proj) | $380M | -47.8% |