SINGING RIVER HEALTH SYSTEM — History
CCN 250040 | 3-year financial timeline | COVID resilience: 39/100
🛡️ Public data only — no PHI permitted on this instance.
$416M
Latest Revenue (FY2022)
+6.4%
Revenue CAGR (3yr)
-12.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $367M | $420M | $416M | -1.0% | +6.4% |
| Operating Expenses | $388M | $443M | $469M | +5.9% | +10.0% |
| Operating Margin | -5.7% | -5.5% | -12.8% | -133.3% | +0.0% |
| Net Income | $-21M | $-23M | $-53M | -131.0% | +0.0% |
| Licensed Beds | 328 | 328 | 294 | -10.4% | -5.3% |
| Total Patient Days | 68,314 | 73,584 | 67,848 | -7.8% | -0.3% |
| Medicare Day % | 35% | 31% | 29% | -6.6% | -8.6% |
| Medicaid Day % | 16% | 15% | 16% | +2.4% | -0.5% |
COVID Impact & Recovery
Resilience Score: 39/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +13.3% ($367M → $416M)
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
+6.4%
This Hospital
+7.6%
State Avg
Latest Margin
-12.8%
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) | $440M | -16.4% |
| FY2024 (proj) | $465M | -20.0% |
| FY2025 (proj) | $489M | -23.6% |