CEDAR RIDGE HOSPITAL — History
CCN 374023 | 3-year financial timeline | COVID resilience: 74/100
🛡️ Public data only — no PHI permitted on this instance.
$27M
Latest Revenue (FY2022)
+16.9%
Revenue CAGR (3yr)
19.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $20M | $24M | $27M | +13.5% | +16.9% |
| Operating Expenses | $17M | $20M | $22M | +10.7% | +13.9% |
| Operating Margin | 14.7% | 17.1% | 19.2% | +12.0% | +14.1% |
| Net Income | $3M | $4M | $5M | +27.1% | +33.4% |
| Licensed Beds | 116 | 116 | 116 | +0.0% | +0.0% |
| Total Patient Days | 25,664 | 25,967 | 28,616 | +10.2% | +5.6% |
| Medicare Day % | 16% | 11% | 7% | -31.2% | -32.2% |
| Medicaid Day % | 46% | 54% | 58% | +8.8% | +12.2% |
COVID Impact & Recovery
Resilience Score: 74/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +36.8% ($20M → $27M)
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
+16.9%
This Hospital
+7.6%
State Avg
Latest Margin
19.2%
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 | 21.4% |
| FY2024 (proj) | $35M | 23.6% |
| FY2025 (proj) | $38M | 25.8% |