TRINITY ROCK ISLAND — History
CCN 140280 | 3-year financial timeline | COVID resilience: 29/100
🛡️ Public data only — no PHI permitted on this instance.
$336M
Latest Revenue (FY2022)
+5.0%
Revenue CAGR (3yr)
-6.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $305M | $339M | $336M | -0.8% | +5.0% |
| Operating Expenses | $292M | $323M | $359M | +11.3% | +10.9% |
| Operating Margin | 4.2% | 4.7% | -6.9% | -246.1% | +0.0% |
| Net Income | $13M | $16M | $-23M | -244.9% | +0.0% |
| Licensed Beds | 296 | 249 | 249 | +0.0% | -8.3% |
| Total Patient Days | 44,777 | 48,778 | 45,834 | -6.0% | +1.2% |
| Medicare Day % | 31% | 29% | 27% | -7.2% | -7.2% |
| Medicaid Day % | 5% | nan% | 1% | +nan% | -59.1% |
COVID Impact & Recovery
Resilience Score: 29/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +10.2% ($305M → $336M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+5.0%
This Hospital
+7.6%
State Avg
Latest Margin
-6.9%
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) | $351M | -12.5% |
| FY2024 (proj) | $367M | -18.1% |
| FY2025 (proj) | $382M | -23.6% |