WATSONVILLE COMMUNITY HOSPTIAL — History
CCN 050194 | 3-year financial timeline | COVID resilience: 50/100
🛡️ Public data only — no PHI permitted on this instance.
$46M
Latest Revenue (FY2022)
-35.2%
Revenue CAGR (3yr)
-2.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $110M | $129M | $46M | -64.1% | -35.2% |
| Operating Expenses | $139M | $162M | $47M | -70.8% | -41.6% |
| Operating Margin | -26.2% | -26.1% | -2.7% | +89.8% | +0.0% |
| Net Income | $-29M | $-33M | $-1M | +96.3% | +0.0% |
| Licensed Beds | 106 | 106 | 106 | +0.0% | +0.0% |
| Total Patient Days | 15,564 | 14,102 | 4,360 | -69.1% | -47.1% |
| Medicare Day % | 29% | 39% | 39% | +1.8% | +16.6% |
| Medicaid Day % | 21% | 9% | 14% | +47.8% | -18.9% |
COVID Impact & Recovery
Resilience Score: 50/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: -58.1% ($110M → $46M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
-35.2%
This Hospital
+7.6%
State Avg
Latest Margin
-2.7%
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) | $14M | 9.1% |
| FY2024 (proj) | $-18M | 20.9% |
| FY2025 (proj) | $-50M | 32.6% |