KERN MEDICAL CENTER — History
CCN 050315 | 3-year financial timeline | COVID resilience: 53/100
🛡️ Public data only — no PHI permitted on this instance.
$273M
Latest Revenue (FY2022)
+4.9%
Revenue CAGR (3yr)
-86.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $248M | $274M | $273M | -0.2% | +4.9% |
| Operating Expenses | $456M | $479M | $508M | +6.1% | +5.6% |
| Operating Margin | -83.7% | -74.9% | -86.0% | -14.8% | +0.0% |
| Net Income | $-208M | $-205M | $-235M | -14.5% | +0.0% |
| Licensed Beds | 222 | 222 | 222 | +0.0% | +0.0% |
| Total Patient Days | 55,229 | 60,874 | 57,677 | -5.3% | +2.2% |
| Medicare Day % | 8% | 8% | 9% | +20.8% | +6.9% |
| Medicaid Day % | 40% | 28% | 24% | -13.0% | -22.7% |
COVID Impact & Recovery
Resilience Score: 53/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +10.1% ($248M → $273M)
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▼ Declining
vs State Average ()
Revenue Growth
+4.9%
This Hospital
+7.6%
State Avg
Latest Margin
-86.0%
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) | $286M | -87.1% |
| FY2024 (proj) | $298M | -88.2% |
| FY2025 (proj) | $311M | -89.3% |