RIDGECREST REGIONAL HOSPITAL — History
CCN 051333 | 3-year financial timeline | COVID resilience: 51/100
🛡️ Public data only — no PHI permitted on this instance.
$150M
Latest Revenue (FY2022)
+7.2%
Revenue CAGR (3yr)
-14.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $130M | $157M | $150M | -4.5% | +7.2% |
| Operating Expenses | $143M | $164M | $172M | +4.8% | +9.7% |
| Operating Margin | -9.5% | -4.5% | -14.7% | -223.9% | +0.0% |
| Net Income | $-12M | $-7M | $-22M | -209.4% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 5,421 | 6,462 | 6,413 | -0.8% | +8.8% |
| Medicare Day % | 52% | 46% | 51% | +11.3% | -0.2% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 51/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +14.9% ($130M → $150M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+7.2%
This Hospital
+7.6%
State Avg
Latest Margin
-14.7%
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) | $159M | -17.3% |
| FY2024 (proj) | $169M | -19.9% |
| FY2025 (proj) | $179M | -22.5% |