BAPTIST MEM HOSPITAL MEMPHIS — History
CCN 440048 | 3-year financial timeline | COVID resilience: 38/100
🛡️ Public data only — no PHI permitted on this instance.
$766M
Latest Revenue (FY2022)
+3.1%
Revenue CAGR (3yr)
-12.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $721M | $759M | $766M | +0.9% | +3.1% |
| Operating Expenses | $737M | $784M | $863M | +10.2% | +8.2% |
| Operating Margin | -2.3% | -3.2% | -12.7% | -293.3% | +0.0% |
| Net Income | $-17M | $-25M | $-97M | -296.7% | +0.0% |
| Licensed Beds | 785 | 848 | 800 | -5.7% | +1.0% |
| Total Patient Days | 217,967 | 229,079 | 228,362 | -0.3% | +2.4% |
| Medicare Day % | 38% | 34% | 33% | -3.2% | -7.2% |
| Medicaid Day % | 17% | 21% | 7% | -66.6% | -35.8% |
COVID Impact & Recovery
Resilience Score: 38/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +6.3% ($721M → $766M)
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
+3.1%
This Hospital
+7.6%
State Avg
Latest Margin
-12.7%
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) | $789M | -17.9% |
| FY2024 (proj) | $811M | -23.1% |
| FY2025 (proj) | $834M | -28.3% |