ASCENSION PROVIDENCE HOSPITAL — History
CCN 230019 | 3-year financial timeline | COVID resilience: 32/100
🛡️ Public data only — no PHI permitted on this instance.
$849M
Latest Revenue (FY2022)
+0.1%
Revenue CAGR (3yr)
-6.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $848M | $839M | $849M | +1.2% | +0.1% |
| Operating Expenses | $813M | $885M | $905M | +2.3% | +5.5% |
| Operating Margin | 4.1% | -5.4% | -6.5% | -21.8% | +0.0% |
| Net Income | $35M | $-45M | $-56M | -23.2% | +0.0% |
| Licensed Beds | 535 | 558 | 527 | -5.6% | -0.8% |
| Total Patient Days | 134,444 | 147,998 | 150,749 | +1.9% | +5.9% |
| Medicare Day % | 28% | 26% | 25% | -6.4% | -6.9% |
| Medicaid Day % | 4% | 3% | 3% | -10.2% | -7.9% |
COVID Impact & Recovery
Resilience Score: 32/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +0.1% ($848M → $849M)
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
+0.1%
This Hospital
+7.6%
State Avg
Latest Margin
-6.5%
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) | $850M | -11.9% |
| FY2024 (proj) | $851M | -17.2% |
| FY2025 (proj) | $851M | -22.5% |