HARRIS HEALTH SYSTEM — History
CCN 450289 | 3-year financial timeline | COVID resilience: 27/100
🛡️ Public data only — no PHI permitted on this instance.
$396M
Latest Revenue (FY2022)
-24.6%
Revenue CAGR (3yr)
-100.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $695M | $812M | $396M | -51.3% | -24.6% |
| Operating Expenses | $1.8B | $2.0B | $1.2B | -39.2% | -16.9% |
| Operating Margin | -100.0% | -100.0% | -100.0% | +0.0% | +0.0% |
| Net Income | $-1.1B | $-1.2B | $-842M | +31.2% | +0.0% |
| Licensed Beds | 634 | 580 | 576 | -0.7% | -4.7% |
| Total Patient Days | 141,930 | 162,735 | 100,857 | -38.0% | -15.7% |
| Medicare Day % | 5% | 4% | 4% | -6.1% | -13.0% |
| Medicaid Day % | 29% | 25% | 26% | +3.0% | -5.5% |
COVID Impact & Recovery
Resilience Score: 27/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -43.1% ($695M → $396M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-24.6%
This Hospital
+7.6%
State Avg
Latest Margin
-100.0%
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) | $246M | -100.0% |
| FY2024 (proj) | $96M | -100.0% |
| FY2025 (proj) | $-54M | -100.0% |