RIDGEVIEW HOSPITAL — History
CCN 364047 | 3-year financial timeline | COVID resilience: 18/100
🛡️ Public data only — no PHI permitted on this instance.
$18M
Latest Revenue (FY2022)
-11.5%
Revenue CAGR (3yr)
3.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $22M | $17M | $18M | +3.9% | -11.5% |
| Operating Expenses | $17M | $15M | $17M | +12.4% | -0.1% |
| Operating Margin | 24.6% | 11.2% | 3.9% | -65.3% | -60.2% |
| Net Income | $5M | $2M | $1M | -63.9% | -64.8% |
| Licensed Beds | 84 | 84 | 84 | +0.0% | +0.0% |
| Total Patient Days | 26,187 | 18,607 | 21,826 | +17.3% | -8.7% |
| Medicare Day % | 96% | 99% | 86% | -12.7% | -5.2% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 18/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -21.6% ($22M → $18M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-11.5%
This Hospital
+7.6%
State Avg
Latest Margin
3.9%
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) | $15M | -6.4% |
| FY2024 (proj) | $13M | -16.8% |
| FY2025 (proj) | $10M | -27.1% |