CHRISTUS SPOHN HOSP CORPUS CHRISTI — History
CCN 450046 | 3-year financial timeline | COVID resilience: 54/100
🛡️ Public data only — no PHI permitted on this instance.
$666M
Latest Revenue (FY2022)
+2.5%
Revenue CAGR (3yr)
-5.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $633M | $615M | $666M | +8.2% | +2.5% |
| Operating Expenses | $663M | $659M | $700M | +6.1% | +2.7% |
| Operating Margin | -4.7% | -7.1% | -5.1% | +28.1% | +0.0% |
| Net Income | $-30M | $-44M | $-34M | +22.2% | +0.0% |
| Licensed Beds | 503 | 515 | 515 | +0.0% | +1.2% |
| Total Patient Days | 153,598 | 137,203 | 123,612 | -9.9% | -10.3% |
| Medicare Day % | 21% | 17% | 16% | -2.9% | -11.7% |
| Medicaid Day % | 2% | 2% | 2% | +11.0% | +3.4% |
COVID Impact & Recovery
Resilience Score: 54/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +5.1% ($633M → $666M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+2.5%
This Hospital
+7.6%
State Avg
Latest Margin
-5.1%
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) | $682M | -5.3% |
| FY2024 (proj) | $698M | -5.5% |
| FY2025 (proj) | $714M | -5.7% |