MEMORIAL REGIONAL MEDICAL CENTER — History
CCN 490069 | 3-year financial timeline | COVID resilience: 36/100
🛡️ Public data only — no PHI permitted on this instance.
$390M
Latest Revenue (FY2022)
+0.5%
Revenue CAGR (3yr)
-3.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $386M | $401M | $390M | -2.7% | +0.5% |
| Operating Expenses | $354M | $381M | $401M | +5.4% | +6.4% |
| Operating Margin | 8.2% | 5.0% | -3.0% | -159.5% | +0.0% |
| Net Income | $31M | $20M | $-12M | -157.8% | +0.0% |
| Licensed Beds | 234 | 199 | 243 | +22.1% | +1.9% |
| Total Patient Days | 69,581 | 69,413 | 72,770 | +4.8% | +2.3% |
| Medicare Day % | 39% | 35% | 34% | -2.4% | -6.8% |
| Medicaid Day % | 1% | 1% | 1% | -25.0% | -12.5% |
COVID Impact & Recovery
Resilience Score: 36/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +0.9% ($386M → $390M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+0.5%
This Hospital
+7.6%
State Avg
Latest Margin
-3.0%
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) | $391M | -8.5% |
| FY2024 (proj) | $393M | -14.1% |
| FY2025 (proj) | $395M | -19.6% |