SKYRIDGE MEDICAL CENTER — History
CCN 440185 | 3-year financial timeline | COVID resilience: 51/100
🛡️ Public data only — no PHI permitted on this instance.
$163M
Latest Revenue (FY2022)
-1.2%
Revenue CAGR (3yr)
17.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $167M | $167M | $163M | -2.3% | -1.2% |
| Operating Expenses | $142M | $142M | $135M | -4.5% | -2.5% |
| Operating Margin | 15.0% | 15.3% | 17.3% | +12.5% | +7.2% |
| Net Income | $25M | $26M | $28M | +9.9% | +5.9% |
| Licensed Beds | 177 | 177 | 176 | -0.6% | -0.3% |
| Total Patient Days | 46,531 | 46,287 | 43,922 | -5.1% | -2.8% |
| Medicare Day % | 24% | 24% | 22% | -6.9% | -4.4% |
| Medicaid Day % | 3% | 4% | 2% | -29.1% | -15.5% |
COVID Impact & Recovery
Resilience Score: 51/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: -2.4% ($167M → $163M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-1.2%
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) | $161M | 18.4% |
| FY2024 (proj) | $159M | 19.5% |
| FY2025 (proj) | $157M | 20.6% |