ASCENSION RIVER DISTRICT HOSPITAL — History
CCN 230241 | 3-year financial timeline | COVID resilience: 16/100
🛡️ Public data only — no PHI permitted on this instance.
$24M
Latest Revenue (FY2022)
-15.3%
Revenue CAGR (3yr)
-52.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $34M | $30M | $24M | -18.4% | -15.3% |
| Operating Expenses | $41M | $41M | $37M | -10.5% | -4.8% |
| Operating Margin | -20.8% | -39.2% | -52.5% | -34.1% | +0.0% |
| Net Income | $-7M | $-12M | $-13M | -9.5% | +0.0% |
| Licensed Beds | 68 | 68 | 68 | +0.0% | +0.0% |
| Total Patient Days | 3,608 | 2,915 | 1,523 | -47.8% | -35.0% |
| Medicare Day % | 27% | 29% | 30% | +4.7% | +5.6% |
| Medicaid Day % | 4% | 3% | 4% | +23.5% | -5.7% |
COVID Impact & Recovery
Resilience Score: 16/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -28.2% ($34M → $24M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
-15.3%
This Hospital
+7.6%
State Avg
Latest Margin
-52.5%
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) | $20M | -68.4% |
| FY2024 (proj) | $15M | -84.2% |
| FY2025 (proj) | $10M | -100.0% |