HEART HOSPITAL OF BAKERSFIELD — History
CCN 050724 | 3-year financial timeline | COVID resilience: 21/100
🛡️ Public data only — no PHI permitted on this instance.
$65M
Latest Revenue (FY2022)
-9.3%
Revenue CAGR (3yr)
-14.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $79M | $71M | $65M | -8.9% | -9.3% |
| Operating Expenses | $81M | $81M | $74M | -7.9% | -4.1% |
| Operating Margin | -2.2% | -12.9% | -14.1% | -9.3% | +0.0% |
| Net Income | $-2M | $-9M | $-9M | +0.4% | +0.0% |
| Licensed Beds | 47 | 44 | 47 | +6.8% | +0.0% |
| Total Patient Days | 13,513 | 14,281 | 9,733 | -31.8% | -15.1% |
| Medicare Day % | 53% | 43% | 46% | +7.0% | -7.0% |
| Medicaid Day % | 2% | 4% | 3% | -26.8% | +27.9% |
COVID Impact & Recovery
Resilience Score: 21/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -17.7% ($79M → $65M)
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
-9.3%
This Hospital
+7.6%
State Avg
Latest Margin
-14.1%
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) | $58M | -20.1% |
| FY2024 (proj) | $51M | -26.1% |
| FY2025 (proj) | $44M | -32.0% |