MONUMENT HEALTH RAPID CITY HOSPITAL — History
CCN 430077 | 3-year financial timeline | COVID resilience: 31/100
🛡️ Public data only — no PHI permitted on this instance.
$707M
Latest Revenue (FY2022)
-1.4%
Revenue CAGR (3yr)
-19.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $728M | $725M | $707M | -2.4% | -1.4% |
| Operating Expenses | $785M | $812M | $843M | +3.8% | +3.6% |
| Operating Margin | -7.9% | -12.0% | -19.1% | -59.9% | +0.0% |
| Net Income | $-58M | $-87M | $-135M | -56.0% | +0.0% |
| Licensed Beds | 385 | 385 | 385 | +0.0% | +0.0% |
| Total Patient Days | 100,603 | 103,711 | 100,562 | -3.0% | -0.0% |
| Medicare Day % | 35% | 33% | 33% | +0.4% | -3.1% |
| Medicaid Day % | 21% | 21% | 21% | +2.0% | +0.5% |
COVID Impact & Recovery
Resilience Score: 31/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -2.8% ($728M → $707M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-1.4%
This Hospital
+7.6%
State Avg
Latest Margin
-19.1%
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) | $697M | -24.7% |
| FY2024 (proj) | $687M | -30.4% |
| FY2025 (proj) | $677M | -36.0% |