RIVER CREST HOSPITAL — History
CCN 454064 | 3-year financial timeline | COVID resilience: 22/100
🛡️ Public data only — no PHI permitted on this instance.
$13M
Latest Revenue (FY2022)
-8.7%
Revenue CAGR (3yr)
-0.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $16M | $13M | $13M | -0.7% | -8.7% |
| Operating Expenses | $14M | $13M | $13M | +0.2% | -1.9% |
| Operating Margin | 12.9% | 0.5% | -0.4% | -179.2% | +0.0% |
| Net Income | $2M | $0M | $-0M | -178.7% | +0.0% |
| Licensed Beds | 80 | 80 | 80 | +0.0% | +0.0% |
| Total Patient Days | 17,112 | 16,838 | 15,444 | -8.3% | -5.0% |
| Medicare Day % | 7% | 7% | 6% | -25.3% | -13.9% |
| Medicaid Day % | 0% | 0% | 0% | +46.3% | -2.4% |
COVID Impact & Recovery
Resilience Score: 22/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -16.6% ($16M → $13M)
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
-8.7%
This Hospital
+7.6%
State Avg
Latest Margin
-0.4%
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) | $12M | -7.1% |
| FY2024 (proj) | $11M | -13.8% |
| FY2025 (proj) | $9M | -20.4% |