PROVIDENCE HOSPITAL — History
CCN 010090 | 3-year financial timeline | COVID resilience: 32/100
🛡️ Public data only — no PHI permitted on this instance.
$247M
Latest Revenue (FY2022)
-0.9%
Revenue CAGR (3yr)
-5.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $251M | $247M | $247M | +0.1% | -0.9% |
| Operating Expenses | $237M | $259M | $259M | +0.0% | +4.7% |
| Operating Margin | 5.9% | -5.1% | -5.0% | +0.8% | +0.0% |
| Net Income | $15M | $-13M | $-12M | +0.7% | +0.0% |
| Licensed Beds | 349 | 349 | 349 | +0.0% | +0.0% |
| Total Patient Days | 70,585 | 68,217 | 67,178 | -1.5% | -2.4% |
| Medicare Day % | 24% | 20% | 20% | -2.5% | -8.6% |
| Medicaid Day % | 12% | 12% | 13% | +2.2% | +2.6% |
COVID Impact & Recovery
Resilience Score: 32/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -1.7% ($251M → $247M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-0.9%
This Hospital
+7.6%
State Avg
Latest Margin
-5.0%
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) | $245M | -10.5% |
| FY2024 (proj) | $242M | -15.9% |
| FY2025 (proj) | $240M | -21.4% |