REID HOSPITAL & HEALTH CARE SERVICES — History
CCN 150048 | 3-year financial timeline | COVID resilience: 48/100
🛡️ Public data only — no PHI permitted on this instance.
$487M
Latest Revenue (FY2022)
+4.9%
Revenue CAGR (3yr)
26.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $443M | $508M | $487M | -4.0% | +4.9% |
| Operating Expenses | $314M | $354M | $360M | +1.6% | +7.0% |
| Operating Margin | 29.0% | 30.2% | 26.1% | -13.5% | -5.1% |
| Net Income | $129M | $153M | $127M | -16.9% | -0.5% |
| Licensed Beds | 193 | 183 | 183 | +0.0% | -2.6% |
| Total Patient Days | 45,865 | 48,275 | 42,571 | -11.8% | -3.7% |
| Medicare Day % | 48% | 43% | 40% | -7.0% | -9.6% |
| Medicaid Day % | 3% | 3% | 2% | -15.3% | -12.4% |
COVID Impact & Recovery
Resilience Score: 48/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +10.0% ($443M → $487M)
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
+4.9%
This Hospital
+7.6%
State Avg
Latest Margin
26.1%
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) | $509M | 24.7% |
| FY2024 (proj) | $531M | 23.2% |
| FY2025 (proj) | $554M | 21.8% |