SOUTH BAY HOSPITAL — History
CCN 100259 | 3-year financial timeline | COVID resilience: 38/100
🛡️ Public data only — no PHI permitted on this instance.
$86M
Latest Revenue (FY2022)
+3.9%
Revenue CAGR (3yr)
-10.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $80M | $84M | $86M | +3.1% | +3.9% |
| Operating Expenses | $80M | $85M | $95M | +11.9% | +9.2% |
| Operating Margin | -0.2% | -1.9% | -10.6% | -449.6% | +0.0% |
| Net Income | $-0M | $-2M | $-9M | -466.6% | +0.0% |
| Licensed Beds | 138 | 138 | 138 | +0.0% | +0.0% |
| Total Patient Days | 25,839 | 26,564 | 26,446 | -0.4% | +1.2% |
| Medicare Day % | 41% | 39% | 35% | -9.4% | -7.1% |
| Medicaid Day % | 1% | 1% | 2% | +58.7% | +35.0% |
COVID Impact & Recovery
Resilience Score: 38/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +8.0% ($80M → $86M)
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
+3.9%
This Hospital
+7.6%
State Avg
Latest Margin
-10.6%
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) | $89M | -15.8% |
| FY2024 (proj) | $92M | -21.0% |
| FY2025 (proj) | $96M | -26.2% |