THE REHAB HOSPITAL AT RARITAN BAY — History
CCN 312018 | 3-year financial timeline | COVID resilience: 54/100
🛡️ Public data only — no PHI permitted on this instance.
$28M
Latest Revenue (FY2022)
+11.2%
Revenue CAGR (3yr)
1.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $23M | $37M | $28M | -23.8% | +11.2% |
| Operating Expenses | $21M | $27M | $28M | +5.1% | +15.4% |
| Operating Margin | 8.3% | 28.5% | 1.3% | -95.6% | -61.0% |
| Net Income | $2M | $11M | $0M | -96.6% | -56.7% |
| Licensed Beds | 76 | 76 | 76 | +0.0% | +0.0% |
| Total Patient Days | 13,503 | 17,649 | 15,305 | -13.3% | +6.5% |
| Medicare Day % | 42% | 55% | 58% | +6.2% | +17.0% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 54/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +23.7% ($23M → $28M)
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
+11.2%
This Hospital
+7.6%
State Avg
Latest Margin
1.3%
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) | $31M | -2.3% |
| FY2024 (proj) | $34M | -5.8% |
| FY2025 (proj) | $37M | -9.3% |