TORRANCE MEMORIAL MEDICAL CENTER — History
CCN 050351 | 3-year financial timeline | COVID resilience: 67/100
🛡️ Public data only — no PHI permitted on this instance.
$791M
Latest Revenue (FY2022)
+7.5%
Revenue CAGR (3yr)
0.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $684M | $764M | $791M | +3.5% | +7.5% |
| Operating Expenses | $712M | $769M | $790M | +2.8% | +5.4% |
| Operating Margin | -4.0% | -0.7% | 0.1% | +112.4% | +0.0% |
| Net Income | $-27M | $-5M | $1M | +112.8% | +0.0% |
| Licensed Beds | 493 | 493 | 493 | +0.0% | +0.0% |
| Total Patient Days | 102,695 | 118,033 | 120,932 | +2.5% | +8.5% |
| Medicare Day % | 25% | 24% | 26% | +6.3% | +2.0% |
| Medicaid Day % | 5% | 4% | 3% | -30.7% | -20.9% |
COVID Impact & Recovery
Resilience Score: 67/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +15.6% ($684M → $791M)
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▼ Declining
vs State Average ()
Revenue Growth
+7.5%
This Hospital
+7.6%
State Avg
Latest Margin
0.1%
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) | $844M | 2.1% |
| FY2024 (proj) | $897M | 4.2% |
| FY2025 (proj) | $950M | 6.2% |