RENOWN REGIONAL MEDICAL CENTER — History
CCN 290001 | 3-year financial timeline | COVID resilience: 19/100
🛡️ Public data only — no PHI permitted on this instance.
$488M
Latest Revenue (FY2022)
-24.8%
Revenue CAGR (3yr)
-2.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $862M | $867M | $488M | -43.8% | -24.8% |
| Operating Expenses | $861M | $927M | $501M | -46.0% | -23.7% |
| Operating Margin | 0.1% | -6.9% | -2.7% | +61.3% | +0.0% |
| Net Income | $1M | $-60M | $-13M | +78.2% | +0.0% |
| Licensed Beds | 650 | 509 | 558 | +9.6% | -7.3% |
| Total Patient Days | 184,313 | 164,343 | 85,886 | -47.7% | -31.7% |
| Medicare Day % | 26% | 24% | 24% | -0.9% | -5.4% |
| Medicaid Day % | 28% | 13% | 15% | +19.7% | -25.9% |
COVID Impact & Recovery
Resilience Score: 19/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -43.4% ($862M → $488M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-24.8%
This Hospital
+7.6%
State Avg
Latest Margin
-2.7%
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) | $300M | -4.1% |
| FY2024 (proj) | $113M | -5.5% |
| FY2025 (proj) | $-74M | -6.9% |