PROVIDENCE PORTLAND MEDICAL CENTER — History
CCN 380061 | 3-year financial timeline | COVID resilience: 49/100
🛡️ Public data only — no PHI permitted on this instance.
$928M
Latest Revenue (FY2022)
+7.3%
Revenue CAGR (3yr)
-21.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $805M | $896M | $928M | +3.6% | +7.3% |
| Operating Expenses | $913M | $1.0B | $1.1B | +8.9% | +10.8% |
| Operating Margin | -13.4% | -15.1% | -21.0% | -39.0% | +0.0% |
| Net Income | $-108M | $-135M | $-194M | -44.0% | +0.0% |
| Licensed Beds | 359 | 367 | 369 | +0.5% | +1.4% |
| Total Patient Days | 98,311 | 107,748 | 111,073 | +3.1% | +6.3% |
| Medicare Day % | 23% | 19% | 20% | +4.8% | -5.1% |
| Medicaid Day % | 6% | 5% | 4% | -26.3% | -20.8% |
COVID Impact & Recovery
Resilience Score: 49/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +15.2% ($805M → $928M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+7.3%
This Hospital
+7.6%
State Avg
Latest Margin
-21.0%
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) | $989M | -24.7% |
| FY2024 (proj) | $1.1B | -28.5% |
| FY2025 (proj) | $1.1B | -32.3% |