RIDGE — History
CCN 184009 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$38M
Latest Revenue (FY2022)
+20.5%
Revenue CAGR (3yr)
44.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $26M | $51M | $38M | -25.5% | +20.5% |
| Operating Expenses | $20M | $20M | $21M | +7.0% | +3.9% |
| Operating Margin | 25.2% | 61.3% | 44.4% | -27.5% | +32.6% |
| Net Income | $7M | $31M | $17M | -46.0% | +59.9% |
| Licensed Beds | 110 | 110 | 110 | +0.0% | +0.0% |
| Total Patient Days | 24,469 | 21,541 | 21,679 | +0.6% | -5.9% |
| Medicare Day % | 5% | 4% | 2% | -52.6% | -43.6% |
| Medicaid Day % | 3% | 0% | 0% | -48.0% | -70.5% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +45.3% ($26M → $38M)
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▲ Growing
vs State Average ()
Revenue Growth
+20.5%
This Hospital
+7.6%
State Avg
Latest Margin
44.4%
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) | $44M | 54.0% |
| FY2024 (proj) | $50M | 63.6% |
| FY2025 (proj) | $56M | 73.1% |