FAIRVIEW RIDGES HOSPITAL — History
CCN 240207 | 3-year financial timeline | COVID resilience: 66/100
🛡️ Public data only — no PHI permitted on this instance.
$316M
Latest Revenue (FY2022)
+10.8%
Revenue CAGR (3yr)
7.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $257M | $298M | $316M | +6.2% | +10.8% |
| Operating Expenses | $241M | $268M | $294M | +9.8% | +10.4% |
| Operating Margin | 6.4% | 10.1% | 7.0% | -29.9% | +5.1% |
| Net Income | $16M | $30M | $22M | -25.6% | +16.5% |
| Licensed Beds | 171 | 172 | 172 | +0.0% | +0.3% |
| Total Patient Days | 42,608 | 48,729 | 51,663 | +6.0% | +10.1% |
| Medicare Day % | 23% | 21% | 21% | +2.4% | -3.2% |
| Medicaid Day % | 7% | 6% | 6% | -0.4% | -10.0% |
COVID Impact & Recovery
Resilience Score: 66/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +22.9% ($257M → $316M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+10.8%
This Hospital
+7.6%
State Avg
Latest Margin
7.0%
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) | $346M | 7.4% |
| FY2024 (proj) | $375M | 7.7% |
| FY2025 (proj) | $404M | 8.0% |