RIDDLE HOSPITAL — History
CCN 390222 | 3-year financial timeline | COVID resilience: 46/100
🛡️ Public data only — no PHI permitted on this instance.
$238M
Latest Revenue (FY2022)
+6.3%
Revenue CAGR (3yr)
-12.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $211M | $221M | $238M | +7.9% | +6.3% |
| Operating Expenses | $221M | $251M | $267M | +6.3% | +9.9% |
| Operating Margin | -4.9% | -13.8% | -12.1% | +12.0% | +0.0% |
| Net Income | $-10M | $-30M | $-29M | +5.1% | +0.0% |
| Licensed Beds | 186 | 186 | 186 | +0.0% | +0.0% |
| Total Patient Days | 41,716 | 44,085 | 44,240 | +0.4% | +3.0% |
| Medicare Day % | 40% | 40% | 39% | -2.9% | -2.0% |
| Medicaid Day % | 2% | 2% | 1% | -23.5% | -13.2% |
COVID Impact & Recovery
Resilience Score: 46/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +13.1% ($211M → $238M)
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
+6.3%
This Hospital
+7.6%
State Avg
Latest Margin
-12.1%
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) | $252M | -15.7% |
| FY2024 (proj) | $266M | -19.3% |
| FY2025 (proj) | $279M | -22.9% |