MERCY MEDICAL CENTER REDDING — History
CCN 050280 | 3-year financial timeline | COVID resilience: 55/100
🛡️ Public data only — no PHI permitted on this instance.
$588M
Latest Revenue (FY2022)
+4.3%
Revenue CAGR (3yr)
3.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $541M | $548M | $588M | +7.3% | +4.3% |
| Operating Expenses | $525M | $544M | $568M | +4.5% | +4.0% |
| Operating Margin | 3.0% | 0.9% | 3.4% | +289.6% | +7.2% |
| Net Income | $16M | $5M | $20M | +318.0% | +11.8% |
| Licensed Beds | 266 | 266 | 262 | -1.5% | -0.8% |
| Total Patient Days | 64,717 | 70,014 | 67,693 | -3.3% | +2.3% |
| Medicare Day % | 43% | 42% | 42% | -0.2% | -1.8% |
| Medicaid Day % | 6% | 4% | 3% | -25.0% | -31.0% |
COVID Impact & Recovery
Resilience Score: 55/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +8.7% ($541M → $588M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+4.3%
This Hospital
+7.6%
State Avg
Latest Margin
3.4%
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) | $612M | 3.6% |
| FY2024 (proj) | $636M | 3.9% |
| FY2025 (proj) | $659M | 4.1% |