GOLETA VALLEY COTTAGE HOSPITAL — History
CCN 050357 | 3-year financial timeline | COVID resilience: 48/100
🛡️ Public data only — no PHI permitted on this instance.
$112M
Latest Revenue (FY2022)
+6.8%
Revenue CAGR (3yr)
14.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $98M | $104M | $112M | +7.2% | +6.8% |
| Operating Expenses | $83M | $90M | $95M | +6.2% | +7.4% |
| Operating Margin | 15.7% | 13.9% | 14.8% | +5.8% | -3.0% |
| Net Income | $15M | $15M | $17M | +13.4% | +3.6% |
| Licensed Beds | 28 | 24 | 24 | +0.0% | -7.4% |
| Total Patient Days | 3,324 | 3,084 | 2,464 | -20.1% | -13.9% |
| Medicare Day % | 49% | 43% | 46% | +7.7% | -2.7% |
| Medicaid Day % | 2% | 2% | 3% | +74.8% | +19.4% |
COVID Impact & Recovery
Resilience Score: 48/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +14.0% ($98M → $112M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+6.8%
This Hospital
+7.6%
State Avg
Latest Margin
14.8%
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) | $119M | 14.3% |
| FY2024 (proj) | $126M | 13.8% |
| FY2025 (proj) | $133M | 13.4% |