CROSSGATES RIVER OAKS HOSPITAL — History
CCN 250096 | 3-year financial timeline | COVID resilience: 84/100
🛡️ Public data only — no PHI permitted on this instance.
$40M
Latest Revenue (FY2022)
+7.7%
Revenue CAGR (3yr)
-4.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $35M | $39M | $40M | +3.6% | +7.7% |
| Operating Expenses | $38M | $40M | $42M | +6.2% | +5.4% |
| Operating Margin | -9.0% | -1.8% | -4.4% | -148.4% | +0.0% |
| Net Income | $-3M | $-1M | $-2M | -157.3% | +0.0% |
| Licensed Beds | 64 | 64 | 86 | +34.4% | +15.9% |
| Total Patient Days | 5,435 | 5,363 | 5,745 | +7.1% | +2.8% |
| Medicare Day % | 48% | 42% | 39% | -5.5% | -9.6% |
| Medicaid Day % | 8% | 9% | 9% | -5.5% | +4.9% |
COVID Impact & Recovery
Resilience Score: 84/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +15.9% ($35M → $40M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+7.7%
This Hospital
+7.6%
State Avg
Latest Margin
-4.4%
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) | $43M | -2.1% |
| FY2024 (proj) | $46M | 0.2% |
| FY2025 (proj) | $49M | 2.4% |