THREE RIVERS HEALTH — History
CCN 230015 | 3-year financial timeline | COVID resilience: 40/100
🛡️ Public data only — no PHI permitted on this instance.
$64M
Latest Revenue (FY2022)
+1.9%
Revenue CAGR (3yr)
-15.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $62M | $64M | $64M | -0.7% | +1.9% |
| Operating Expenses | $67M | $69M | $74M | +7.4% | +5.3% |
| Operating Margin | -8.5% | -7.1% | -15.8% | -123.5% | +0.0% |
| Net Income | $-5M | $-5M | $-10M | -122.0% | +0.0% |
| Licensed Beds | 48 | 48 | 48 | +0.0% | +0.0% |
| Total Patient Days | 3,220 | 3,682 | 3,586 | -2.6% | +5.5% |
| Medicare Day % | 30% | 27% | 31% | +11.3% | +0.5% |
| Medicaid Day % | 6% | 10% | 5% | -52.3% | -8.1% |
COVID Impact & Recovery
Resilience Score: 40/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +3.9% ($62M → $64M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+1.9%
This Hospital
+7.6%
State Avg
Latest Margin
-15.8%
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) | $65M | -19.5% |
| FY2024 (proj) | $66M | -23.1% |
| FY2025 (proj) | $68M | -26.8% |