PRINCETON HEALTHCARE SYSTEM — History
CCN 310010 | 3-year financial timeline | COVID resilience: 44/100
🛡️ Public data only — no PHI permitted on this instance.
$588M
Latest Revenue (FY2022)
+7.7%
Revenue CAGR (3yr)
-5.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $506M | $557M | $588M | +5.6% | +7.7% |
| Operating Expenses | $477M | $519M | $621M | +19.7% | +14.2% |
| Operating Margin | 5.8% | 6.8% | -5.7% | -184.5% | +0.0% |
| Net Income | $30M | $38M | $-34M | -189.2% | +0.0% |
| Licensed Beds | 206 | 206 | 206 | +0.0% | +0.0% |
| Total Patient Days | 56,009 | 60,316 | 62,464 | +3.6% | +5.6% |
| Medicare Day % | 38% | 38% | 40% | +4.4% | +2.6% |
| Medicaid Day % | 2% | 2% | 2% | +4.8% | -5.3% |
COVID Impact & Recovery
Resilience Score: 44/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +16.1% ($506M → $588M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
+7.7%
This Hospital
+7.6%
State Avg
Latest Margin
-5.7%
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) | $629M | -11.5% |
| FY2024 (proj) | $669M | -17.3% |
| FY2025 (proj) | $710M | -23.0% |