PROVIDENCE HOSPITAL — History
CCN 420026 | 3-year financial timeline | COVID resilience: 34/100
🛡️ Public data only — no PHI permitted on this instance.
$205M
Latest Revenue (FY2022)
+0.5%
Revenue CAGR (3yr)
-25.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $203M | $167M | $205M | +22.7% | +0.5% |
| Operating Expenses | $235M | $188M | $257M | +36.5% | +4.5% |
| Operating Margin | -15.9% | -12.6% | -25.3% | -100.9% | +0.0% |
| Net Income | $-32M | $-21M | $-52M | -146.5% | +0.0% |
| Licensed Beds | 332 | 332 | 332 | +0.0% | +0.0% |
| Total Patient Days | 34,387 | 24,423 | 33,378 | +36.7% | -1.5% |
| Medicare Day % | 41% | 36% | 31% | -14.0% | -13.1% |
| Medicaid Day % | 2% | 1% | 7% | +400.1% | +113.1% |
COVID Impact & Recovery
Resilience Score: 34/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +1.0% ($203M → $205M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+0.5%
This Hospital
+7.6%
State Avg
Latest Margin
-25.3%
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) | $206M | -30.0% |
| FY2024 (proj) | $207M | -34.7% |
| FY2025 (proj) | $208M | -39.4% |