PROVIDENCE HOLY CROSS MED. CENTER — History
CCN 050278 | 3-year financial timeline | COVID resilience: 35/100
🛡️ Public data only — no PHI permitted on this instance.
$556M
Latest Revenue (FY2022)
+0.7%
Revenue CAGR (3yr)
-13.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $548M | $558M | $556M | -0.3% | +0.7% |
| Operating Expenses | $592M | $617M | $631M | +2.3% | +3.2% |
| Operating Margin | -8.1% | -10.6% | -13.6% | -27.9% | +0.0% |
| Net Income | $-44M | $-59M | $-75M | -27.5% | +0.0% |
| Licensed Beds | 316 | 316 | 286 | -9.5% | -4.9% |
| Total Patient Days | 79,830 | 81,141 | 81,745 | +0.7% | +1.2% |
| Medicare Day % | 20% | 19% | 19% | -0.8% | -4.5% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 35/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +1.4% ($548M → $556M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+0.7%
This Hospital
+7.6%
State Avg
Latest Margin
-13.6%
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) | $560M | -16.3% |
| FY2024 (proj) | $563M | -19.1% |
| FY2025 (proj) | $567M | -21.8% |