LAKEVIEW MEDICAL CENTER OF RICE LAKE — History
CCN 520011 | 3-year financial timeline | COVID resilience: 26/100
🛡️ Public data only — no PHI permitted on this instance.
$137M
Latest Revenue (FY2022)
-5.5%
Revenue CAGR (3yr)
-12.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $154M | $151M | $137M | -9.0% | -5.5% |
| Operating Expenses | $138M | $155M | $154M | -0.6% | +5.7% |
| Operating Margin | 10.5% | -2.5% | -12.0% | -378.7% | +0.0% |
| Net Income | $16M | $-4M | $-16M | -335.5% | +0.0% |
| Licensed Beds | 40 | 40 | 40 | +0.0% | +0.0% |
| Total Patient Days | 5,977 | 6,682 | 6,448 | -3.5% | +3.9% |
| Medicare Day % | 34% | 37% | 32% | -12.4% | -3.1% |
| Medicaid Day % | 5% | 4% | 3% | -14.7% | -24.1% |
COVID Impact & Recovery
Resilience Score: 26/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -10.8% ($154M → $137M)
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
-5.5%
This Hospital
+7.6%
State Avg
Latest Margin
-12.0%
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) | $129M | -23.2% |
| FY2024 (proj) | $121M | -34.5% |
| FY2025 (proj) | $113M | -45.7% |