REDMOND REGIONAL MEDICAL CENTER — History
CCN 110168 | 3-year financial timeline | COVID resilience: 32/100
🛡️ Public data only — no PHI permitted on this instance.
$276M
Latest Revenue (FY2022)
-0.5%
Revenue CAGR (3yr)
-39.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $279M | $706M | $276M | -60.9% | -0.5% |
| Operating Expenses | $230M | $262M | $386M | +47.4% | +29.5% |
| Operating Margin | 17.6% | 62.9% | -39.6% | -163.0% | +0.0% |
| Net Income | $49M | $444M | $-109M | -124.6% | +0.0% |
| Licensed Beds | 217 | 217 | 217 | +0.0% | +0.0% |
| Total Patient Days | 60,422 | 63,852 | 58,534 | -8.3% | -1.6% |
| Medicare Day % | 35% | 32% | 29% | -9.9% | -9.5% |
| Medicaid Day % | 8% | 6% | 10% | +78.3% | +15.1% |
COVID Impact & Recovery
Resilience Score: 32/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -1.0% ($279M → $276M)
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
-0.5%
This Hospital
+7.6%
State Avg
Latest Margin
-39.6%
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) | $275M | -68.3% |
| FY2024 (proj) | $274M | -96.9% |
| FY2025 (proj) | $272M | -125.5% |