PHD#1 DBA SKAGIT VALLEY HOSPITAL — History
CCN 500003 | 3-year financial timeline | COVID resilience: 60/100
🛡️ Public data only — no PHI permitted on this instance.
$414M
Latest Revenue (FY2022)
+10.6%
Revenue CAGR (3yr)
-17.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $339M | $396M | $414M | +4.5% | +10.6% |
| Operating Expenses | $391M | $442M | $489M | +10.5% | +11.8% |
| Operating Margin | -15.4% | -11.6% | -17.9% | -54.7% | +0.0% |
| Net Income | $-52M | $-46M | $-74M | -61.7% | +0.0% |
| Licensed Beds | 137 | 137 | 137 | +0.0% | +0.0% |
| Total Patient Days | 36,560 | 38,725 | 42,621 | +10.1% | +8.0% |
| Medicare Day % | 33% | 31% | 32% | +2.6% | -0.7% |
| Medicaid Day % | 3% | 7% | 3% | -55.9% | -1.8% |
COVID Impact & Recovery
Resilience Score: 60/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +22.3% ($339M → $414M)
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
+10.6%
This Hospital
+7.6%
State Avg
Latest Margin
-17.9%
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) | $452M | -19.2% |
| FY2024 (proj) | $490M | -20.5% |
| FY2025 (proj) | $527M | -21.7% |