SHMC-RIVERBEND — History
CCN 380102 | 3-year financial timeline | COVID resilience: 52/100
🛡️ Public data only — no PHI permitted on this instance.
$861M
Latest Revenue (FY2022)
+5.9%
Revenue CAGR (3yr)
-2.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $768M | $808M | $861M | +6.5% | +5.9% |
| Operating Expenses | $759M | $861M | $879M | +2.1% | +7.6% |
| Operating Margin | 1.2% | -6.6% | -2.1% | +67.7% | +0.0% |
| Net Income | $9M | $-53M | $-18M | +65.6% | +0.0% |
| Licensed Beds | 385 | 385 | 385 | +0.0% | +0.0% |
| Total Patient Days | 104,245 | 112,458 | 107,009 | -4.8% | +1.3% |
| Medicare Day % | 23% | 22% | 20% | -10.1% | -8.3% |
| Medicaid Day % | 7% | 7% | 6% | -12.0% | -7.9% |
COVID Impact & Recovery
Resilience Score: 52/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +12.1% ($768M → $861M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+5.9%
This Hospital
+7.6%
State Avg
Latest Margin
-2.1%
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) | $907M | -3.8% |
| FY2024 (proj) | $954M | -5.4% |
| FY2025 (proj) | $1000M | -7.1% |