RICHLAND MEMORIAL HOSPITAL — History
CCN 140147 | 3-year financial timeline | COVID resilience: 33/100
🛡️ Public data only — no PHI permitted on this instance.
$46M
Latest Revenue (FY2022)
-0.2%
Revenue CAGR (3yr)
-58.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $47M | $55M | $46M | -16.1% | -0.2% |
| Operating Expenses | $61M | $66M | $74M | +12.2% | +9.6% |
| Operating Margin | -31.6% | -18.5% | -58.5% | -216.4% | +0.0% |
| Net Income | $-15M | $-10M | $-27M | -165.3% | +0.0% |
| Licensed Beds | 47 | 47 | 47 | +0.0% | +0.0% |
| Total Patient Days | 5,760 | 4,730 | 4,984 | +5.4% | -7.0% |
| Medicare Day % | 61% | 55% | 56% | +1.7% | -4.8% |
| Medicaid Day % | 3% | 17% | 16% | -2.6% | +150.6% |
COVID Impact & Recovery
Resilience Score: 33/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -0.3% ($47M → $46M)
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
-0.2%
This Hospital
+7.6%
State Avg
Latest Margin
-58.5%
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) | $46M | -71.9% |
| FY2024 (proj) | $46M | -85.4% |
| FY2025 (proj) | $46M | -98.9% |