RICHMOND UNIVERSITY MEDICAL CENTER — History
CCN 330028 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$387M
Latest Revenue (FY2022)
+18.2%
Revenue CAGR (3yr)
-18.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $277M | $320M | $387M | +21.2% | +18.2% |
| Operating Expenses | $422M | $430M | $460M | +7.0% | +4.5% |
| Operating Margin | -52.3% | -34.7% | -18.9% | +45.6% | +0.0% |
| Net Income | $-145M | $-111M | $-73M | +34.0% | +0.0% |
| Licensed Beds | 215 | 215 | 215 | +0.0% | +0.0% |
| Total Patient Days | 58,833 | 57,284 | 60,572 | +5.7% | +1.5% |
| Medicare Day % | 22% | 22% | 22% | +1.5% | +0.7% |
| Medicaid Day % | 11% | 9% | 10% | +9.7% | -0.7% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +39.8% ($277M → $387M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+18.2%
This Hospital
+7.6%
State Avg
Latest Margin
-18.9%
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) | $442M | -2.2% |
| FY2024 (proj) | $498M | 14.6% |
| FY2025 (proj) | $553M | 31.3% |