RAINIER SPRINGS — History
CCN 504013 | 3-year financial timeline | COVID resilience: 39/100
🛡️ Public data only — no PHI permitted on this instance.
$22M
Latest Revenue (FY2022)
-2.3%
Revenue CAGR (3yr)
-9.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $23M | $23M | $22M | -5.3% | -2.3% |
| Operating Expenses | $24M | $22M | $24M | +7.2% | -0.2% |
| Operating Margin | -4.4% | 3.7% | -9.0% | -346.8% | +0.0% |
| Net Income | $-1M | $1M | $-2M | -333.7% | +0.0% |
| Licensed Beds | 72 | 72 | 72 | +0.0% | +0.0% |
| Total Patient Days | 23,557 | 21,499 | 18,266 | -15.0% | -11.9% |
| Medicare Day % | 13% | 10% | 9% | -8.1% | -15.1% |
| Medicaid Day % | 2% | 2% | 1% | -19.6% | -17.5% |
COVID Impact & Recovery
Resilience Score: 39/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -4.6% ($23M → $22M)
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
-2.3%
This Hospital
+7.6%
State Avg
Latest Margin
-9.0%
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) | $21M | -11.4% |
| FY2024 (proj) | $21M | -13.7% |
| FY2025 (proj) | $20M | -16.1% |