PATIENTS HOSPITAL OF REDDING — History
CCN 050697 | 3-year financial timeline | COVID resilience: 16/100
🛡️ Public data only — no PHI permitted on this instance.
$2M
Latest Revenue (FY2022)
-40.5%
Revenue CAGR (3yr)
-73.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $5M | $4M | $2M | -58.9% | -40.5% |
| Operating Expenses | $5M | $6M | $3M | -52.2% | -26.9% |
| Operating Margin | -15.4% | -49.5% | -73.9% | -49.3% | +0.0% |
| Net Income | $-1M | $-2M | $-1M | +38.7% | +0.0% |
| Licensed Beds | 10 | nan | 10 | +nan% | +0.0% |
| Total Patient Days | 343 | 281 | 100 | -64.4% | -46.0% |
| Medicare Day % | 35% | 30% | 42% | +38.8% | +9.1% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 16/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -64.6% ($5M → $2M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
-40.5%
This Hospital
+7.6%
State Avg
Latest Margin
-73.9%
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) | $0M | -103.1% |
| FY2024 (proj) | $-1M | -132.4% |
| FY2025 (proj) | $-3M | -161.6% |