REDWOOD MEMORIAL HOSPITAL — History
CCN 051318 | 3-year financial timeline | COVID resilience: 16/100
🛡️ Public data only — no PHI permitted on this instance.
$50M
Latest Revenue (FY2022)
-2.6%
Revenue CAGR (3yr)
-12.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $53M | $51M | $50M | -1.2% | -2.6% |
| Operating Expenses | $49M | $54M | $56M | +3.8% | +6.9% |
| Operating Margin | 6.3% | -7.5% | -12.9% | -71.5% | +0.0% |
| Net Income | $3M | $-4M | $-6M | -69.4% | +0.0% |
| Licensed Beds | 25 | 25 | 20 | -20.0% | -10.6% |
| Total Patient Days | 4,895 | 4,596 | 4,416 | -3.9% | -5.0% |
| Medicare Day % | 52% | 62% | 62% | +0.4% | +9.4% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 16/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -5.2% ($53M → $50M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
-2.6%
This Hospital
+7.6%
State Avg
Latest Margin
-12.9%
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) | $49M | -22.6% |
| FY2024 (proj) | $47M | -32.2% |
| FY2025 (proj) | $46M | -41.8% |