RIO GRANDE STATE CENTER — History
CCN 454088 | 3-year financial timeline | COVID resilience: 33/100
🛡️ Public data only — no PHI permitted on this instance.
$18M
Latest Revenue (FY2022)
-13.3%
Revenue CAGR (3yr)
-100.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $25M | $26M | $18M | -29.1% | -13.3% |
| Operating Expenses | $39M | $40M | $44M | +8.1% | +6.3% |
| Operating Margin | -57.1% | -54.8% | -100.0% | -82.4% | +0.0% |
| Net Income | $-14M | $-14M | $-25M | -75.9% | +0.0% |
| Licensed Beds | 55 | 78 | 77 | -1.3% | +18.3% |
| Total Patient Days | 17,354 | 18,375 | 19,468 | +5.9% | +5.9% |
| Medicare Day % | 3% | 5% | 2% | -48.3% | -9.4% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 33/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -24.8% ($25M → $18M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-13.3%
This Hospital
+7.6%
State Avg
Latest Margin
-100.0%
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) | $15M | -121.5% |
| FY2024 (proj) | $12M | -142.9% |
| FY2025 (proj) | $9M | -164.4% |