PROVIDENCE MEDFORD MEDICAL CENTER — History
CCN 380075 | 3-year financial timeline | COVID resilience: 42/100
🛡️ Public data only — no PHI permitted on this instance.
$240M
Latest Revenue (FY2022)
+10.6%
Revenue CAGR (3yr)
-17.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $196M | $218M | $240M | +10.2% | +10.6% |
| Operating Expenses | $222M | $245M | $281M | +14.7% | +12.6% |
| Operating Margin | -13.1% | -12.7% | -17.3% | -36.0% | +0.0% |
| Net Income | $-26M | $-28M | $-42M | -49.8% | +0.0% |
| Licensed Beds | 125 | 96 | 96 | +0.0% | -12.4% |
| Total Patient Days | 22,817 | 26,634 | 28,439 | +6.8% | +11.6% |
| Medicare Day % | 38% | 32% | 33% | +3.0% | -7.4% |
| Medicaid Day % | 4% | 4% | 3% | -25.3% | -14.5% |
COVID Impact & Recovery
Resilience Score: 42/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +22.2% ($196M → $240M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+10.6%
This Hospital
+7.6%
State Avg
Latest Margin
-17.3%
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) | $262M | -19.4% |
| FY2024 (proj) | $283M | -21.5% |
| FY2025 (proj) | $305M | -23.6% |