SANTA BARBARA COTTAGE HOSPITAL — History
CCN 050396 | 3-year financial timeline | COVID resilience: 52/100
🛡️ Public data only — no PHI permitted on this instance.
$778M
Latest Revenue (FY2022)
+3.8%
Revenue CAGR (3yr)
-6.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $722M | $772M | $778M | +0.8% | +3.8% |
| Operating Expenses | $754M | $797M | $826M | +3.6% | +4.7% |
| Operating Margin | -4.4% | -3.2% | -6.2% | -90.1% | +0.0% |
| Net Income | $-32M | $-25M | $-48M | -91.5% | +0.0% |
| Licensed Beds | 369 | 371 | 371 | +0.0% | +0.3% |
| Total Patient Days | 75,718 | 84,504 | 85,598 | +1.3% | +6.3% |
| Medicare Day % | 37% | 36% | 36% | -0.2% | -1.5% |
| Medicaid Day % | 7% | 7% | 6% | -8.0% | -7.3% |
COVID Impact & Recovery
Resilience Score: 52/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +7.8% ($722M → $778M)
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
+3.8%
This Hospital
+7.6%
State Avg
Latest Margin
-6.2%
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) | $806M | -7.0% |
| FY2024 (proj) | $834M | -7.9% |
| FY2025 (proj) | $862M | -8.7% |