MEMORIAL HOSPITAL MODESTO — History
CCN 050557 | 3-year financial timeline | COVID resilience: 74/100
🛡️ Public data only — no PHI permitted on this instance.
$764M
Latest Revenue (FY2022)
+9.3%
Revenue CAGR (3yr)
5.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $639M | $754M | $764M | +1.4% | +9.3% |
| Operating Expenses | $645M | $675M | $720M | +6.6% | +5.6% |
| Operating Margin | -1.0% | 10.4% | 5.8% | -44.3% | +0.0% |
| Net Income | $-6M | $78M | $44M | -43.6% | +0.0% |
| Licensed Beds | 403 | 403 | 403 | +0.0% | +0.0% |
| Total Patient Days | 90,265 | 99,319 | 96,573 | -2.8% | +3.4% |
| Medicare Day % | 34% | 32% | 31% | -1.8% | -4.4% |
| Medicaid Day % | 7% | 6% | 5% | -10.7% | -13.6% |
COVID Impact & Recovery
Resilience Score: 74/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +19.5% ($639M → $764M)
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▲ Growing
vs State Average ()
Revenue Growth
+9.3%
This Hospital
+7.6%
State Avg
Latest Margin
5.8%
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) | $826M | 9.2% |
| FY2024 (proj) | $888M | 12.5% |
| FY2025 (proj) | $951M | 15.9% |