RAMAPO RIDGE PSYCHIATRIC — History
CCN 314019 | 3-year financial timeline | COVID resilience: 37/100
🛡️ Public data only — no PHI permitted on this instance.
$78M
Latest Revenue (FY2022)
+3.4%
Revenue CAGR (3yr)
-34.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $73M | $75M | $78M | +5.0% | +3.4% |
| Operating Expenses | $84M | $95M | $105M | +10.6% | +11.9% |
| Operating Margin | -14.6% | -27.7% | -34.4% | -24.3% | +0.0% |
| Net Income | $-11M | $-21M | $-27M | -30.6% | +0.0% |
| Licensed Beds | 58 | 58 | 58 | +0.0% | +0.0% |
| Total Patient Days | 14,608 | 15,497 | 15,128 | -2.4% | +1.8% |
| Medicare Day % | 62% | 62% | 52% | -16.6% | -8.9% |
| Medicaid Day % | 3% | 7% | 13% | +105.9% | +106.5% |
COVID Impact & Recovery
Resilience Score: 37/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +6.9% ($73M → $78M)
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▲ Growing
vs State Average ()
Revenue Growth
+3.4%
This Hospital
+7.6%
State Avg
Latest Margin
-34.4%
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) | $81M | -44.3% |
| FY2024 (proj) | $83M | -54.2% |
| FY2025 (proj) | $86M | -64.1% |