PROGRESS WEST HOSPITAL — History
CCN 260219 | 3-year financial timeline | COVID resilience: 75/100
🛡️ Public data only — no PHI permitted on this instance.
$112M
Latest Revenue (FY2022)
+16.8%
Revenue CAGR (3yr)
11.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $82M | $102M | $112M | +9.8% | +16.8% |
| Operating Expenses | $76M | $87M | $99M | +14.1% | +13.7% |
| Operating Margin | 6.9% | 15.1% | 11.7% | -22.1% | +30.6% |
| Net Income | $6M | $15M | $13M | -14.5% | +52.5% |
| Licensed Beds | 68 | 68 | 69 | +1.5% | +0.7% |
| Total Patient Days | 15,169 | 16,236 | 18,879 | +16.3% | +11.6% |
| Medicare Day % | 22% | 20% | 22% | +9.5% | +0.2% |
| Medicaid Day % | 3% | 5% | 5% | -2.9% | +23.0% |
COVID Impact & Recovery
Resilience Score: 75/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +36.3% ($82M → $112M)
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
+16.8%
This Hospital
+7.6%
State Avg
Latest Margin
11.7%
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) | $127M | 14.2% |
| FY2024 (proj) | $142M | 16.6% |
| FY2025 (proj) | $157M | 19.0% |