RIVERVIEW HEALTHCARE ASSOCIATION — History
CCN 241320 | 3-year financial timeline | COVID resilience: 28/100
🛡️ Public data only — no PHI permitted on this instance.
$62M
Latest Revenue (FY2022)
+4.5%
Revenue CAGR (3yr)
-16.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $57M | $60M | $62M | +3.6% | +4.5% |
| Operating Expenses | $60M | $66M | $72M | +9.9% | +10.1% |
| Operating Margin | -5.2% | -10.2% | -16.9% | -66.2% | +0.0% |
| Net Income | $-3M | $-6M | $-10M | -72.2% | +0.0% |
| Licensed Beds | 25 | 25 | 21 | -16.0% | -8.3% |
| Total Patient Days | 2,325 | 2,271 | 1,956 | -13.9% | -8.3% |
| Medicare Day % | 46% | 41% | 40% | -2.8% | -7.4% |
| Medicaid Day % | 9% | 6% | 2% | -67.3% | -53.0% |
COVID Impact & Recovery
Resilience Score: 28/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +9.1% ($57M → $62M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+4.5%
This Hospital
+7.6%
State Avg
Latest Margin
-16.9%
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) | $64M | -22.7% |
| FY2024 (proj) | $67M | -28.6% |
| FY2025 (proj) | $70M | -34.4% |