BAPTIST HEALTH RICHMOND — History
CCN 180049 | 3-year financial timeline | COVID resilience: 62/100
🛡️ Public data only — no PHI permitted on this instance.
$146M
Latest Revenue (FY2022)
+12.1%
Revenue CAGR (3yr)
-3.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $116M | $126M | $146M | +15.3% | +12.1% |
| Operating Expenses | $123M | $137M | $151M | +10.0% | +11.0% |
| Operating Margin | -5.9% | -8.7% | -3.7% | +57.3% | +0.0% |
| Net Income | $-7M | $-11M | $-5M | +50.8% | +0.0% |
| Licensed Beds | 60 | 50 | 53 | +6.0% | -6.0% |
| Total Patient Days | 14,058 | 14,713 | 12,039 | -18.2% | -7.5% |
| Medicare Day % | 27% | 23% | 23% | -1.0% | -7.0% |
| Medicaid Day % | 3% | 1% | 1% | -22.0% | -45.3% |
COVID Impact & Recovery
Resilience Score: 62/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +25.8% ($116M → $146M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+12.1%
This Hospital
+7.6%
State Avg
Latest Margin
-3.7%
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) | $161M | -2.6% |
| FY2024 (proj) | $175M | -1.5% |
| FY2025 (proj) | $190M | -0.4% |