RANDOLPH HOSPITAL — History
CCN 340123 | 3-year financial timeline | COVID resilience: 35/100
🛡️ Public data only — no PHI permitted on this instance.
$24M
Latest Revenue (FY2022)
-46.7%
Revenue CAGR (3yr)
-21.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $86M | $81M | $24M | -69.9% | -46.7% |
| Operating Expenses | $106M | $114M | $30M | -73.9% | -47.0% |
| Operating Margin | -22.9% | -40.2% | -21.4% | +46.7% | +0.0% |
| Net Income | $-20M | $-33M | $-5M | +83.9% | +0.0% |
| Licensed Beds | 145 | 145 | 145 | +0.0% | +0.0% |
| Total Patient Days | 11,992 | 14,840 | 5,016 | -66.2% | -35.3% |
| Medicare Day % | 22% | 19% | 16% | -15.6% | -15.9% |
| Medicaid Day % | 23% | 17% | 4% | -75.2% | -57.4% |
COVID Impact & Recovery
Resilience Score: 35/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -71.6% ($86M → $24M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-46.7%
This Hospital
+7.6%
State Avg
Latest Margin
-21.4%
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) | $-6M | -20.7% |
| FY2024 (proj) | $-37M | -19.9% |
| FY2025 (proj) | $-68M | -19.2% |