LAREDO MEDICAL CENTER — History
CCN 450029 | 3-year financial timeline | COVID resilience: 67/100
🛡️ Public data only — no PHI permitted on this instance.
$306M
Latest Revenue (FY2022)
+9.0%
Revenue CAGR (3yr)
27.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $258M | $300M | $306M | +2.0% | +9.0% |
| Operating Expenses | $194M | $208M | $221M | +6.4% | +6.7% |
| Operating Margin | 24.6% | 30.7% | 27.7% | -9.7% | +6.2% |
| Net Income | $63M | $92M | $85M | -7.8% | +15.8% |
| Licensed Beds | 296 | 296 | 296 | +0.0% | +0.0% |
| Total Patient Days | 70,550 | 74,610 | 74,946 | +0.5% | +3.1% |
| Medicare Day % | 27% | 23% | 21% | -7.4% | -12.2% |
| Medicaid Day % | 10% | 8% | 9% | +19.1% | -3.7% |
COVID Impact & Recovery
Resilience Score: 67/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +18.9% ($258M → $306M)
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
+9.0%
This Hospital
+7.6%
State Avg
Latest Margin
27.7%
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) | $331M | 29.3% |
| FY2024 (proj) | $355M | 30.9% |
| FY2025 (proj) | $379M | 32.5% |