PALMDALE REGIONAL MEDICAL CENTER — History
CCN 050204 | 3-year financial timeline | COVID resilience: 54/100
🛡️ Public data only — no PHI permitted on this instance.
$236M
Latest Revenue (FY2022)
+9.1%
Revenue CAGR (3yr)
-2.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $198M | $218M | $236M | +8.1% | +9.1% |
| Operating Expenses | $193M | $225M | $241M | +7.2% | +11.9% |
| Operating Margin | 2.7% | -3.2% | -2.3% | +29.0% | +0.0% |
| Net Income | $5M | $-7M | $-5M | +23.2% | +0.0% |
| Licensed Beds | 157 | 157 | 157 | +0.0% | +0.0% |
| Total Patient Days | 35,313 | 39,153 | 40,662 | +3.9% | +7.3% |
| Medicare Day % | 23% | 22% | 20% | -7.5% | -6.3% |
| Medicaid Day % | 9% | 9% | 6% | -32.2% | -14.2% |
COVID Impact & Recovery
Resilience Score: 54/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +19.1% ($198M → $236M)
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
+9.1%
This Hospital
+7.6%
State Avg
Latest Margin
-2.3%
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) | $255M | -4.8% |
| FY2024 (proj) | $274M | -7.3% |
| FY2025 (proj) | $293M | -9.8% |