BERGEN NEW BRIDGE MEDICAL CENTER — History
CCN 310058 | 3-year financial timeline | COVID resilience: 65/100
🛡️ Public data only — no PHI permitted on this instance.
$187M
Latest Revenue (FY2022)
+8.9%
Revenue CAGR (3yr)
-39.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $158M | $189M | $187M | -0.9% | +8.9% |
| Operating Expenses | $254M | $277M | $261M | -5.9% | +1.4% |
| Operating Margin | -60.8% | -46.8% | -39.4% | +15.7% | +0.0% |
| Net Income | $-96M | $-88M | $-74M | +16.5% | +0.0% |
| Licensed Beds | 127 | 127 | 101 | -20.5% | -10.8% |
| Total Patient Days | 18,978 | 17,034 | 18,508 | +8.7% | -1.2% |
| Medicare Day % | 14% | 12% | 13% | +2.9% | -4.4% |
| Medicaid Day % | 11% | 20% | 6% | -70.1% | -25.6% |
COVID Impact & Recovery
Resilience Score: 65/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +18.6% ($158M → $187M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+8.9%
This Hospital
+7.6%
State Avg
Latest Margin
-39.4%
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) | $202M | -28.7% |
| FY2024 (proj) | $216M | -18.0% |
| FY2025 (proj) | $231M | -7.3% |