MEMORIAL HEALTH CARE SYSTEM INC. — History
CCN 440091 | 3-year financial timeline | COVID resilience: 81/100
🛡️ Public data only — no PHI permitted on this instance.
$584M
Latest Revenue (FY2022)
+9.4%
Revenue CAGR (3yr)
-9.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $488M | $559M | $584M | +4.5% | +9.4% |
| Operating Expenses | $614M | $608M | $636M | +4.7% | +1.8% |
| Operating Margin | -25.8% | -8.8% | -9.0% | -2.3% | +0.0% |
| Net Income | $-126M | $-49M | $-52M | -6.9% | +0.0% |
| Licensed Beds | 423 | 423 | 431 | +1.9% | +0.9% |
| Total Patient Days | 96,163 | 94,293 | 101,125 | +7.2% | +2.5% |
| Medicare Day % | 37% | 33% | 32% | -4.2% | -7.5% |
| Medicaid Day % | 6% | 1% | 1% | -16.5% | -57.2% |
COVID Impact & Recovery
Resilience Score: 81/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +19.7% ($488M → $584M)
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
+9.4%
This Hospital
+7.6%
State Avg
Latest Margin
-9.0%
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) | $632M | -0.5% |
| FY2024 (proj) | $680M | 7.9% |
| FY2025 (proj) | $728M | 16.3% |