RICHMOND STATE HOSPITAL — History
CCN 154018 | 3-year financial timeline | COVID resilience: 66/100
🛡️ Public data only — no PHI permitted on this instance.
$3M
Latest Revenue (FY2022)
+28.4%
Revenue CAGR (3yr)
-100.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $2M | $3M | $3M | +8.5% | +28.4% |
| Operating Expenses | $34M | $33M | $40M | +19.9% | +8.0% |
| Operating Margin | -100.0% | -100.0% | -100.0% | +0.0% | +0.0% |
| Net Income | $-32M | $-30M | $-36M | -21.0% | +0.0% |
| Licensed Beds | 213 | 213 | 213 | +0.0% | +0.0% |
| Total Patient Days | 56,144 | 53,743 | 55,430 | +3.1% | -0.6% |
| Medicare Day % | nan% | 0% | 0% | +152.1% | +nan% |
| Medicaid Day % | 6% | 7% | 8% | +23.0% | +15.2% |
COVID Impact & Recovery
Resilience Score: 66/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +64.9% ($2M → $3M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
+28.4%
This Hospital
+7.6%
State Avg
Latest Margin
-100.0%
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) | $4M | -100.0% |
| FY2024 (proj) | $4M | -100.0% |
| FY2025 (proj) | $5M | -100.0% |