RIDGEVIEW MEDICAL CENTER — History
CCN 240056 | 3-year financial timeline | COVID resilience: 54/100
🛡️ Public data only — no PHI permitted on this instance.
$288M
Latest Revenue (FY2022)
+10.6%
Revenue CAGR (3yr)
-14.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $235M | $268M | $288M | +7.2% | +10.6% |
| Operating Expenses | $254M | $298M | $329M | +10.4% | +13.7% |
| Operating Margin | -8.1% | -10.9% | -14.2% | -29.7% | +0.0% |
| Net Income | $-19M | $-29M | $-41M | -39.0% | +0.0% |
| Licensed Beds | 109 | 109 | 109 | +0.0% | +0.0% |
| Total Patient Days | 20,818 | 23,344 | 24,908 | +6.7% | +9.4% |
| Medicare Day % | 27% | 25% | 26% | +1.9% | -1.2% |
| Medicaid Day % | 3% | 3% | 3% | -3.7% | -4.9% |
COVID Impact & Recovery
Resilience Score: 54/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +22.4% ($235M → $288M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+10.6%
This Hospital
+7.6%
State Avg
Latest Margin
-14.2%
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) | $314M | -17.2% |
| FY2024 (proj) | $340M | -20.2% |
| FY2025 (proj) | $367M | -23.3% |