MEMORIAL HERMANN TEXAS MEDICAL CNTR — History
CCN 450068 | 3-year financial timeline | COVID resilience: 66/100
🛡️ Public data only — no PHI permitted on this instance.
$2.6B
Latest Revenue (FY2022)
+11.0%
Revenue CAGR (3yr)
2.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $2.1B | $2.4B | $2.6B | +11.9% | +11.0% |
| Operating Expenses | $2.1B | $2.3B | $2.6B | +12.7% | +11.2% |
| Operating Margin | 3.1% | 3.5% | 2.8% | -19.8% | -4.4% |
| Net Income | $66M | $82M | $74M | -10.2% | +6.2% |
| Licensed Beds | 1,067 | 1,076 | 1,089 | +1.2% | +1.0% |
| Total Patient Days | 292,145 | 309,899 | 315,551 | +1.8% | +3.9% |
| Medicare Day % | 14% | 12% | 11% | -7.9% | -9.7% |
| Medicaid Day % | 8% | 7% | 6% | -6.5% | -11.8% |
COVID Impact & Recovery
Resilience Score: 66/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +23.3% ($2.1B → $2.6B)
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
+11.0%
This Hospital
+7.6%
State Avg
Latest Margin
2.8%
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) | $2.9B | 2.7% |
| FY2024 (proj) | $3.1B | 2.5% |
| FY2025 (proj) | $3.4B | 2.4% |