MIDLAND MEMORIAL HOSPITAL — History
CCN 450133 | 3-year financial timeline | COVID resilience: 75/100
🛡️ Public data only — no PHI permitted on this instance.
$302M
Latest Revenue (FY2022)
+10.9%
Revenue CAGR (3yr)
-16.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $246M | $280M | $302M | +8.0% | +10.9% |
| Operating Expenses | $301M | $330M | $352M | +6.7% | +8.2% |
| Operating Margin | -22.3% | -17.8% | -16.5% | +7.6% | +0.0% |
| Net Income | $-55M | $-50M | $-50M | +0.2% | +0.0% |
| Licensed Beds | 225 | 226 | 226 | +0.0% | +0.2% |
| Total Patient Days | 50,949 | 63,065 | 57,917 | -8.2% | +6.6% |
| Medicare Day % | 27% | 25% | 25% | +2.8% | -3.6% |
| Medicaid Day % | 4% | 2% | 8% | +212.6% | +49.0% |
COVID Impact & Recovery
Resilience Score: 75/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +23.0% ($246M → $302M)
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
+10.9%
This Hospital
+7.6%
State Avg
Latest Margin
-16.5%
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 | -13.6% |
| FY2024 (proj) | $359M | -10.7% |
| FY2025 (proj) | $387M | -7.7% |