ASCENSION ST. MICHAELS HOSPITAL — History
CCN 520002 | 3-year financial timeline | COVID resilience: 77/100
🛡️ Public data only — no PHI permitted on this instance.
$201M
Latest Revenue (FY2022)
+7.7%
Revenue CAGR (3yr)
28.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $174M | $146M | $201M | +37.9% | +7.7% |
| Operating Expenses | $198M | $161M | $143M | -11.0% | -14.9% |
| Operating Margin | -14.0% | -10.3% | 28.9% | +381.2% | +0.0% |
| Net Income | $-24M | $-15M | $58M | +487.8% | +0.0% |
| Licensed Beds | 82 | 82 | 82 | +0.0% | +0.0% |
| Total Patient Days | 11,188 | 11,342 | 11,851 | +4.5% | +2.9% |
| Medicare Day % | 31% | 29% | 26% | -9.4% | -8.7% |
| Medicaid Day % | 6% | 4% | 7% | +52.9% | +6.1% |
COVID Impact & Recovery
Resilience Score: 77/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +16.0% ($174M → $201M)
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
+7.7%
This Hospital
+7.6%
State Avg
Latest Margin
28.9%
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) | $215M | 50.3% |
| FY2024 (proj) | $229M | 71.8% |
| FY2025 (proj) | $243M | 93.2% |