BIGGS-GRIDLEY MEMORIAL HOSPITAL — History
CCN 051311 | 3-year financial timeline | COVID resilience: 22/100
🛡️ Public data only — no PHI permitted on this instance.
$26M
Latest Revenue (FY2022)
-8.6%
Revenue CAGR (3yr)
-14.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $31M | $22M | $26M | +19.3% | -8.6% |
| Operating Expenses | $32M | $27M | $30M | +11.7% | -3.9% |
| Operating Margin | -3.1% | -21.9% | -14.1% | +35.6% | +0.0% |
| Net Income | $-1M | $-5M | $-4M | +23.2% | +0.0% |
| Licensed Beds | 24 | 24 | 24 | +0.0% | +0.0% |
| Total Patient Days | 3,040 | 3,390 | 4,407 | +30.0% | +20.4% |
| Medicare Day % | 75% | 60% | 69% | +15.9% | -3.9% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 22/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -16.5% ($31M → $26M)
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
-8.6%
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) | $24M | -19.6% |
| FY2024 (proj) | $21M | -25.1% |
| FY2025 (proj) | $18M | -30.6% |