ASCENSION BORGESS HOSPITAL — History
CCN 230117 | 3-year financial timeline | COVID resilience: 8/100
🛡️ Public data only — no PHI permitted on this instance.
$374M
Latest Revenue (FY2022)
-8.2%
Revenue CAGR (3yr)
-36.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $443M | $422M | $374M | -11.5% | -8.2% |
| Operating Expenses | $470M | $525M | $510M | -2.9% | +4.1% |
| Operating Margin | -6.0% | -24.2% | -36.4% | -50.2% | +0.0% |
| Net Income | $-27M | $-102M | $-136M | -32.9% | +0.0% |
| Licensed Beds | 291 | 288 | 228 | -20.8% | -11.5% |
| Total Patient Days | 59,266 | 56,219 | 49,682 | -11.6% | -8.4% |
| Medicare Day % | 29% | 25% | 22% | -12.5% | -12.5% |
| Medicaid Day % | 4% | 4% | 3% | -19.7% | -16.7% |
COVID Impact & Recovery
Resilience Score: 8/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -15.8% ($443M → $374M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-8.2%
This Hospital
+7.6%
State Avg
Latest Margin
-36.4%
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) | $339M | -51.6% |
| FY2024 (proj) | $304M | -66.8% |
| FY2025 (proj) | $269M | -82.0% |