CARRIS HEALTH-REDWOOD LLC — History
CCN 241351 | 3-year financial timeline | COVID resilience: 64/100
🛡️ Public data only — no PHI permitted on this instance.
$56M
Latest Revenue (FY2022)
+12.6%
Revenue CAGR (3yr)
9.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $44M | $48M | $56M | +15.2% | +12.6% |
| Operating Expenses | $39M | $49M | $51M | +3.4% | +13.4% |
| Operating Margin | 10.3% | -1.3% | 9.0% | +796.2% | -6.4% |
| Net Income | $5M | $-1M | $5M | +901.8% | +5.5% |
| Licensed Beds | 14 | 14 | 14 | +0.0% | +0.0% |
| Total Patient Days | 1,654 | 1,749 | 1,708 | -2.3% | +1.6% |
| Medicare Day % | 44% | 37% | 37% | -1.7% | -8.2% |
| Medicaid Day % | 2% | 7% | 8% | +10.7% | +104.6% |
COVID Impact & Recovery
Resilience Score: 64/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +26.8% ($44M → $56M)
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
+12.6%
This Hospital
+7.6%
State Avg
Latest Margin
9.0%
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) | $62M | 8.4% |
| FY2024 (proj) | $67M | 7.8% |
| FY2025 (proj) | $73M | 7.1% |