MEMORIALCARE LONG BEACH MED CTR — History
CCN 050485 | 3-year financial timeline | COVID resilience: 29/100
🛡️ Public data only — no PHI permitted on this instance.
$674M
Latest Revenue (FY2022)
-3.3%
Revenue CAGR (3yr)
-17.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $720M | $724M | $674M | -7.0% | -3.3% |
| Operating Expenses | $711M | $725M | $790M | +9.1% | +5.4% |
| Operating Margin | 1.3% | -0.1% | -17.3% | -21634.4% | +0.0% |
| Net Income | $10M | $-1M | $-117M | -20120.8% | +0.0% |
| Licensed Beds | 369 | 369 | 369 | +0.0% | +0.0% |
| Total Patient Days | 93,648 | 91,984 | 96,980 | +5.4% | +1.8% |
| Medicare Day % | 23% | 21% | 21% | +0.4% | -5.2% |
| Medicaid Day % | 9% | 8% | 6% | -21.9% | -15.4% |
COVID Impact & Recovery
Resilience Score: 29/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -6.5% ($720M → $674M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-3.3%
This Hospital
+7.6%
State Avg
Latest Margin
-17.3%
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) | $650M | -26.6% |
| FY2024 (proj) | $627M | -35.9% |
| FY2025 (proj) | $603M | -45.3% |