MUSC HEALTH FLORENCE MEDICAL CENTER — History
CCN 420091 | 3-year financial timeline | COVID resilience: 72/100
🛡️ Public data only — no PHI permitted on this instance.
$253M
Latest Revenue (FY2022)
+7.4%
Revenue CAGR (3yr)
-6.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $219M | $241M | $253M | +4.8% | +7.4% |
| Operating Expenses | $250M | $254M | $270M | +6.4% | +4.0% |
| Operating Margin | -14.1% | -5.4% | -6.9% | -29.1% | +0.0% |
| Net Income | $-31M | $-13M | $-18M | -35.3% | +0.0% |
| Licensed Beds | 187 | 187 | 187 | +0.0% | +0.0% |
| Total Patient Days | 58,147 | 54,118 | 52,540 | -2.9% | -4.9% |
| Medicare Day % | 33% | 29% | 28% | -3.1% | -7.5% |
| Medicaid Day % | 9% | 9% | 9% | -0.6% | +0.4% |
COVID Impact & Recovery
Resilience Score: 72/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +15.4% ($219M → $253M)
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
+7.4%
This Hospital
+7.6%
State Avg
Latest Margin
-6.9%
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) | $270M | -3.4% |
| FY2024 (proj) | $287M | 0.2% |
| FY2025 (proj) | $304M | 3.8% |