GLACIAL RIDGE HOSPITAL — History
CCN 241376 | 3-year financial timeline | COVID resilience: 64/100
🛡️ Public data only — no PHI permitted on this instance.
$47M
Latest Revenue (FY2022)
+5.9%
Revenue CAGR (3yr)
-5.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $42M | $46M | $47M | +2.7% | +5.9% |
| Operating Expenses | $46M | $49M | $49M | +0.4% | +3.9% |
| Operating Margin | -9.4% | -7.7% | -5.3% | +31.3% | +0.0% |
| Net Income | $-4M | $-4M | $-2M | +29.5% | +0.0% |
| Licensed Beds | 19 | 19 | 19 | +0.0% | +0.0% |
| Total Patient Days | 2,490 | 3,048 | 2,792 | -8.4% | +5.9% |
| Medicare Day % | 43% | 47% | 44% | -5.9% | +1.0% |
| Medicaid Day % | 1% | 1% | 2% | +60.9% | +31.2% |
COVID Impact & Recovery
Resilience Score: 64/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +12.1% ($42M → $47M)
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▼ Declining
vs State Average ()
Revenue Growth
+5.9%
This Hospital
+7.6%
State Avg
Latest Margin
-5.3%
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) | $49M | -3.3% |
| FY2024 (proj) | $52M | -1.2% |
| FY2025 (proj) | $54M | 0.8% |