SWEDISH COVENANT HEALTH — History
CCN 140114 | 3-year financial timeline | COVID resilience: 70/100
🛡️ Public data only — no PHI permitted on this instance.
$364M
Latest Revenue (FY2022)
+18.9%
Revenue CAGR (3yr)
-3.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $257M | $299M | $364M | +21.7% | +18.9% |
| Operating Expenses | $297M | $310M | $377M | +21.8% | +12.7% |
| Operating Margin | -15.4% | -3.7% | -3.8% | -3.0% | +0.0% |
| Net Income | $-40M | $-11M | $-14M | -25.4% | +0.0% |
| Licensed Beds | 216 | 193 | 173 | -10.4% | -10.5% |
| Total Patient Days | 46,946 | 48,132 | 55,704 | +15.7% | +8.9% |
| Medicare Day % | 28% | 27% | 25% | -7.7% | -5.5% |
| Medicaid Day % | 15% | 12% | 9% | -26.9% | -24.1% |
COVID Impact & Recovery
Resilience Score: 70/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +41.3% ($257M → $364M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+18.9%
This Hospital
+7.6%
State Avg
Latest Margin
-3.8%
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) | $417M | 2.1% |
| FY2024 (proj) | $470M | 7.9% |
| FY2025 (proj) | $523M | 13.7% |