PACIFIC GROVE HOSPITAL — History
CCN 054130 | 3-year financial timeline | COVID resilience: 31/100
🛡️ Public data only — no PHI permitted on this instance.
$18M
Latest Revenue (FY2022)
-1.6%
Revenue CAGR (3yr)
-3.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $19M | $19M | $18M | -6.5% | -1.6% |
| Operating Expenses | $14M | $16M | $19M | +16.6% | +14.7% |
| Operating Margin | 23.9% | 16.9% | -3.5% | -120.7% | +0.0% |
| Net Income | $4M | $3M | $-1M | -119.4% | +0.0% |
| Licensed Beds | 68 | 68 | 68 | +0.0% | +0.0% |
| Total Patient Days | 20,036 | 20,606 | 18,728 | -9.1% | -3.3% |
| Medicare Day % | 27% | 22% | 13% | -42.9% | -32.2% |
| Medicaid Day % | 2% | 2% | 2% | -8.8% | +2.2% |
COVID Impact & Recovery
Resilience Score: 31/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -3.2% ($19M → $18M)
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
-1.6%
This Hospital
+7.6%
State Avg
Latest Margin
-3.5%
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) | $18M | -17.2% |
| FY2024 (proj) | $18M | -30.9% |
| FY2025 (proj) | $17M | -44.6% |