NOVANT HEALTH MEDICAL PARK HOSPITAL — financial and operating metrics

CCN 340148, 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 availableunverified2222222299
Total bed days availableunverified8,0528,0308,0308,0303,2943,285
Total facility dischargesunverified937853560543487269
Total facility inpatient daysunverified2,9802,7811,6531,4951,2961,143
Total patient revenue (gross charges)unverified$220,612,866$237,797,194$215,970,167$236,881,446$238,536,137$252,596,787
Contractual allowances and discountsunverified$127,938,173$140,996,577$133,330,243$144,801,118$142,385,942$153,893,400
Net patient revenueunverified$92,674,693$96,800,617$82,639,924$92,080,328$96,150,195$98,703,387
Total operating expensesunverified$60,702,663$72,868,450$69,554,238$76,922,376$80,370,058$81,568,456
Net income from service to patientsunverified$31,972,030$23,932,167$13,085,686$15,157,952$15,780,137$17,134,931
Net incomeunverified$33,741,106$24,443,326$13,703,021$15,857,423$16,933,087$17,949,321
Cost of uncompensated careunverified$3,195,141$2,485,502$2,187,975$2,305,806$1,782,511$2,191,251
Total facility bad debt expenseunverified$2,981,885$3,910,968$3,461,342$3,321,296$3,224,162$2,217,511
Charity care charges and uninsured discountsunverified$5,282,646$5,376,292$4,632,768$4,925,830$3,218,375$4,163,046
Cost of charity careunverified$2,352,915$1,440,334$1,249,228$1,405,484$906,265$1,591,252
Operating marginunverified34.5%24.7%15.8%16.5%16.4%17.4%
Overall cost-to-charge ratiounverified27.5%30.6%32.2%32.5%33.7%32.3%
Occupancy rateunverified37.0%34.6%20.6%18.6%39.3%34.8%
Average length of stayunverified3.23.33.02.82.74.2
Uncompensated care as % of operating expenseunverified5.3%3.4%3.1%3.0%2.2%2.7%
Charity care cost-to-charge ratiounverified44.5%26.8%27.0%28.5%28.2%38.2%
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