CAPE FEAR VALLEY MEDICAL CENTER — financial and operating metrics

CCN 340028, FAYETTEVILLE, NC · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2024 (91 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2020FY2021FY2022FY2023FY2024
91d
FY2025
Total facility beds availableunverified595595627713793798
Total bed days availableunverified217,230216,389222,523260,24567,064291,270
Total facility dischargesunverified34,35431,79530,88136,0469,23539,052
Total facility inpatient daysunverified178,544183,276172,600185,29949,593201,435
Total patient revenue (gross charges)unverified$2,744,298,588$2,892,869,059$2,927,395,008$3,021,749,802$867,039,109$3,644,166,892
Contractual allowances and discountsunverified$1,964,678,766$2,064,081,650$2,046,499,018$2,098,233,893$584,807,189$2,385,592,044
Net patient revenueunverified$779,619,822$828,787,409$880,895,990$923,515,909$282,231,920$1,258,574,848
Total operating expensesunverified$809,150,757$874,570,434$965,532,950$988,245,899$313,608,142$1,319,235,499
Net income from service to patientsunverified$-29,530,935$-45,783,025$-84,636,960$-64,729,990$-31,376,222$-60,660,651
Net incomeunverified$50,228,700$84,774,359$-81,131,657$54,808,872$-22,425,401$37,300,307
Cost of uncompensated careunverified$42,979,239$39,410,078$51,289,602$58,471,412$9,612,898$41,990,661
Total facility bad debt expenseunverified$129,336,234$109,060,583$73,563,491$40,051,012$4,425,848$25,876,810
Charity care charges and uninsured discountsunverified$68,079,632$69,155,782$126,984,997$177,570,248$24,371,870$104,462,755
Cost of charity careunverified$14,761,133$15,230,569$33,142,615$49,133,650$8,438,904$35,341,830
Charges for insured patients' liabilityunverified$167,528$3,085,163
Operating marginunverified-3.8%-5.5%-9.6%-7.0%-11.1%-4.8%
Overall cost-to-charge ratiounverified29.5%30.2%33.0%32.7%36.2%36.2%
Occupancy rateunverified82.2%84.7%77.6%71.2%73.9%69.2%
Average length of stayunverified5.25.85.65.15.45.2
Uncompensated care as % of operating expenseunverified5.3%4.5%5.3%5.9%3.1%3.2%
Charity care cost-to-charge ratiounverified21.7%22.0%26.1%27.7%34.6%33.8%
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