ASCENSION PROVIDENCE — History
CCN 450042 | 3-year financial timeline | COVID resilience: 36/100
🛡️ Public data only — no PHI permitted on this instance.
$297M
Latest Revenue (FY2022)
+2.5%
Revenue CAGR (3yr)
-8.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $283M | $295M | $297M | +0.8% | +2.5% |
| Operating Expenses | $271M | $304M | $322M | +5.8% | +9.1% |
| Operating Margin | 4.3% | -3.2% | -8.3% | -161.6% | +0.0% |
| Net Income | $12M | $-9M | $-25M | -163.7% | +0.0% |
| Licensed Beds | 225 | 225 | 225 | +0.0% | +0.0% |
| Total Patient Days | 65,237 | 65,236 | 59,110 | -9.4% | -4.8% |
| Medicare Day % | 32% | 25% | 25% | -0.8% | -11.3% |
| Medicaid Day % | 1% | 1% | 1% | +47.5% | +13.5% |
COVID Impact & Recovery
Resilience Score: 36/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +5.1% ($283M → $297M)
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
+2.5%
This Hospital
+7.6%
State Avg
Latest Margin
-8.3%
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) | $305M | -14.6% |
| FY2024 (proj) | $312M | -20.8% |
| FY2025 (proj) | $319M | -27.1% |