MEMORIAL HOSPITAL OF GARDENA — History
CCN 050468 | 3-year financial timeline | COVID resilience: 17/100
🛡️ Public data only — no PHI permitted on this instance.
$141M
Latest Revenue (FY2022)
-11.0%
Revenue CAGR (3yr)
-33.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $178M | $142M | $141M | -0.7% | -11.0% |
| Operating Expenses | $144M | $164M | $188M | +14.9% | +14.2% |
| Operating Margin | 18.9% | -15.5% | -33.7% | -116.8% | +0.0% |
| Net Income | $34M | $-22M | $-47M | -115.2% | +0.0% |
| Licensed Beds | 106 | 106 | 103 | -2.8% | -1.4% |
| Total Patient Days | 25,796 | 25,468 | 26,531 | +4.2% | +1.4% |
| Medicare Day % | 26% | 22% | 21% | -5.0% | -9.4% |
| Medicaid Day % | 15% | 11% | 10% | -13.7% | -18.9% |
COVID Impact & Recovery
Resilience Score: 17/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -20.8% ($178M → $141M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-11.0%
This Hospital
+7.6%
State Avg
Latest Margin
-33.7%
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) | $122M | -59.9% |
| FY2024 (proj) | $104M | -86.2% |
| FY2025 (proj) | $85M | -112.5% |