NOVANT HEALTH HUNTERSVILLE MEDICAL CENTER — financial and operating metrics

CCN 340183, HUNTERSVILLE, 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 availableunverified127127135135134135
Total bed days availableunverified46,48246,35549,27549,27549,04449,275
Total facility dischargesunverified8,8167,3057,1538,4028,4028,551
Total facility inpatient daysunverified29,74734,15133,81836,55741,10338,430
Total patient revenue (gross charges)unverified$748,533,209$885,658,019$912,472,449$1,041,797,018$1,089,948,102$1,130,905,641
Contractual allowances and discountsunverified$511,705,189$607,452,532$635,815,168$722,988,539$746,905,322$798,075,646
Net patient revenueunverified$236,828,020$278,205,487$276,657,281$318,808,479$343,042,780$332,829,995
Total operating expensesunverified$181,706,614$199,825,850$216,479,587$244,245,984$265,052,116$223,480,440
Net income from service to patientsunverified$55,121,406$78,379,637$60,177,694$74,562,495$77,990,664$109,349,555
Net incomeunverified$60,041,125$80,504,661$63,446,613$86,763,373$81,400,587$112,995,237
Cost of uncompensated careunverified$8,130,133$8,996,678$8,964,524$9,372,075$7,204,452$9,708,212
Total facility bad debt expenseunverified$15,120,399$14,406,570$16,202,705$14,102,843$18,313,217$12,190,398
Charity care charges and uninsured discountsunverified$26,202,502$33,069,640$30,232,003$33,203,777$21,131,728$29,709,392
Cost of charity careunverified$5,109,911$6,309,081$5,888,087$6,733,866$3,871,815$7,384,278
Operating marginunverified23.3%28.2%21.8%23.4%22.7%32.9%
Overall cost-to-charge ratiounverified24.3%22.6%23.7%23.4%24.3%19.8%
Occupancy rateunverified64.0%73.7%68.6%74.2%83.8%78.0%
Average length of stayunverified3.44.74.74.44.94.5
Uncompensated care as % of operating expenseunverified4.5%4.5%4.1%3.8%2.7%4.3%
Charity care cost-to-charge ratiounverified19.5%19.1%19.5%20.3%18.3%24.9%
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