RIVEREDGE HOSPITAL — History
CCN 144009 | 3-year financial timeline | COVID resilience: 50/100
🛡️ Public data only — no PHI permitted on this instance.
$49M
Latest Revenue (FY2022)
+1.1%
Revenue CAGR (3yr)
24.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $48M | $49M | $49M | -0.3% | +1.1% |
| Operating Expenses | $36M | $35M | $37M | +4.8% | +1.7% |
| Operating Margin | 25.2% | 28.0% | 24.4% | -13.0% | -1.6% |
| Net Income | $12M | $14M | $12M | -13.2% | -0.5% |
| Licensed Beds | 210 | 210 | 210 | +0.0% | +0.0% |
| Total Patient Days | 43,418 | 39,566 | 39,758 | +0.5% | -4.3% |
| Medicare Day % | 10% | 9% | 8% | -16.1% | -12.0% |
| Medicaid Day % | 6% | 4% | 3% | -26.6% | -31.9% |
COVID Impact & Recovery
Resilience Score: 50/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +2.3% ($48M → $49M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+1.1%
This Hospital
+7.6%
State Avg
Latest Margin
24.4%
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) | $49M | 24.0% |
| FY2024 (proj) | $50M | 23.6% |
| FY2025 (proj) | $50M | 23.2% |