MEMORIAL HERMANN NORTHEAST — History
CCN 450684 | 3-year financial timeline | COVID resilience: 58/100
🛡️ Public data only — no PHI permitted on this instance.
$381M
Latest Revenue (FY2022)
+13.4%
Revenue CAGR (3yr)
5.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $296M | $360M | $381M | +5.9% | +13.4% |
| Operating Expenses | $274M | $333M | $361M | +8.2% | +14.7% |
| Operating Margin | 7.6% | 7.4% | 5.4% | -27.6% | -16.0% |
| Net Income | $22M | $27M | $20M | -23.4% | -4.7% |
| Licensed Beds | 242 | 242 | 227 | -6.2% | -3.1% |
| Total Patient Days | 62,421 | 80,273 | 76,019 | -5.3% | +10.4% |
| Medicare Day % | 19% | 17% | 18% | +3.1% | -2.6% |
| Medicaid Day % | 18% | 5% | 5% | -9.0% | -48.4% |
COVID Impact & Recovery
Resilience Score: 58/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +28.6% ($296M → $381M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+13.4%
This Hospital
+7.6%
State Avg
Latest Margin
5.4%
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) | $424M | 4.2% |
| FY2024 (proj) | $466M | 3.1% |
| FY2025 (proj) | $508M | 2.0% |