NOVANT HEALTH THOMASVILLE MEDICAL CENTER — financial and operating metrics

CCN 340085, THOMASVILLE, 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 availableunverified737373737373
Total bed days availableunverified26,71826,64526,64526,64526,71826,645
Total facility dischargesunverified3,4063,5232,9833,1653,8634,353
Total facility inpatient daysunverified13,87315,10513,28213,23314,10613,500
Total patient revenue (gross charges)unverified$333,092,517$389,774,895$742,959,614$926,412,916$1,060,247,487$1,161,273,408
Contractual allowances and discountsunverified$233,466,674$274,304,563$522,662,776$622,937,384$686,557,745$767,888,399
Net patient revenueunverified$99,625,843$115,470,332$220,296,838$303,475,532$373,689,742$393,385,009
Total operating expensesunverified$94,214,021$105,177,780$251,694,667$355,163,483$417,610,619$579,547,042
Net income from service to patientsunverified$5,411,822$10,292,552$-31,397,829$-51,687,951$-43,920,877$-186,162,033
Net incomeunverified$11,147,320$12,575,849$60,513,766$71,398,639$130,227,717$154,856,046
Cost of uncompensated careunverified$10,687,656$11,168,137$10,976,495$10,970,274$7,706,126$11,565,888
Total facility bad debt expenseunverified$11,868,058$10,079,202$10,360,516$8,888,757$12,395,162$7,059,800
Charity care charges and uninsured discountsunverified$32,615,066$37,384,025$33,697,907$28,438,493$17,298,407$27,185,018
Cost of charity careunverified$7,765,613$8,796,335$8,405,043$8,470,398$4,493,674$9,691,723
Operating marginunverified5.4%8.9%-14.3%-17.0%-11.8%-47.3%
Overall cost-to-charge ratiounverified28.3%27.0%33.9%38.3%39.4%49.9%
Occupancy rateunverified51.9%56.7%49.8%49.7%52.8%50.7%
Average length of stayunverified4.14.34.54.23.73.1
Uncompensated care as % of operating expenseunverified11.3%10.6%4.4%3.1%1.8%2.0%
Charity care cost-to-charge ratiounverified23.8%23.5%24.9%29.8%26.0%35.7%
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