PROVIDENCE MEDICAL CENTER — History
CCN 170146 | 3-year financial timeline | COVID resilience: 39/100
🛡️ Public data only — no PHI permitted on this instance.
$108M
Latest Revenue (FY2022)
-0.7%
Revenue CAGR (3yr)
-15.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $109M | $111M | $108M | -3.2% | -0.7% |
| Operating Expenses | $119M | $119M | $124M | +4.2% | +1.9% |
| Operating Margin | -9.4% | -7.1% | -15.3% | -116.1% | +0.0% |
| Net Income | $-10M | $-8M | $-16M | -109.1% | +0.0% |
| Licensed Beds | 176 | 176 | 176 | +0.0% | +0.0% |
| Total Patient Days | 27,001 | 26,722 | 24,522 | -8.2% | -4.7% |
| Medicare Day % | 34% | 31% | 29% | -5.3% | -7.6% |
| Medicaid Day % | 2% | 3% | 2% | -30.5% | -3.4% |
COVID Impact & Recovery
Resilience Score: 39/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -1.4% ($109M → $108M)
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
-0.7%
This Hospital
+7.6%
State Avg
Latest Margin
-15.3%
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) | $107M | -18.2% |
| FY2024 (proj) | $106M | -21.2% |
| FY2025 (proj) | $105M | -24.1% |