NOVANT HEALTH FORSYTH MEDICAL CENTER — financial and operating metrics

CCN 340014, WINSTON-SALEM, NC · Medicare cost reports, FY2020–FY2025

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified908912906906917967
Total bed days availableunverified332,328332,880330,690330,690335,622352,955
Total facility dischargesunverified37,84435,07132,41538,43343,14443,083
Total facility inpatient daysunverified232,187239,966219,580237,450262,302258,337
Total patient revenue (gross charges)unverified$4,103,567,882$4,626,868,135$4,364,650,423$4,709,090,528$5,065,189,576$5,481,320,776
Contractual allowances and discountsunverified$2,683,179,943$3,072,396,622$3,005,170,234$3,191,774,423$3,395,839,323$3,746,725,971
Net patient revenueunverified$1,420,387,939$1,554,471,513$1,359,480,189$1,517,316,105$1,669,350,253$1,734,594,805
Total operating expensesunverified$1,390,501,430$1,494,811,134$1,455,600,938$1,567,033,882$1,709,329,680$1,855,247,204
Net income from service to patientsunverified$29,886,509$59,660,379$-96,120,749$-49,717,777$-39,979,427$-120,652,399
Net incomeunverified$94,343,654$123,535,711$-54,694,017$-30,977,647$-5,796,021$-82,599,133
Cost of uncompensated careunverified$62,524,145$67,532,346$62,232,569$69,304,329$41,909,576$48,666,844
Total facility bad debt expenseunverified$63,313,212$51,697,598$57,900,375$43,376,264$61,777,453$32,606,127
Charity care charges and uninsured discountsunverified$155,839,043$185,069,973$159,215,348$187,928,550$94,410,294$114,394,873
Cost of charity careunverified$44,203,885$52,982,479$45,824,942$57,046,001$25,345,074$39,741,749
Charges for insured patients' liabilityunverified$115,576$20,305
Operating marginunverified2.1%3.8%-7.1%-3.3%-2.4%-7.0%
Overall cost-to-charge ratiounverified33.9%32.3%33.3%33.3%33.7%33.8%
Occupancy rateunverified69.9%72.1%66.4%71.8%78.2%73.2%
Average length of stayunverified6.16.86.86.26.16.0
Uncompensated care as % of operating expenseunverified4.5%4.5%4.3%4.4%2.5%2.6%
Charity care cost-to-charge ratiounverified28.4%28.6%28.8%30.4%26.8%34.7%
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