CCN 490020, HOPEWELL, VA · 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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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 107 | 107 | 107 | 107 | 107 | 107 |
| Total bed days availableunverified | 39,162 | 39,055 | 39,055 | 39,055 | 39,162 | 39,055 |
| Total facility dischargesunverified | 3,980 | 4,831 | 4,407 | 4,629 | 4,715 | 4,563 |
| Total facility inpatient daysunverified | 17,504 | 22,143 | 18,224 | 16,377 | 16,981 | 17,022 |
| Total patient revenue (gross charges)unverified | $1,032,490,032 | $1,324,643,191 | $1,291,681,624 | $1,371,999,478 | $1,474,696,044 | $1,606,145,689 |
| Contractual allowances and discountsunverified | $925,120,625 | $1,182,033,447 | $1,172,654,560 | $1,222,498,097 | $1,312,930,147 | $1,433,803,321 |
| Net patient revenueunverified | $107,369,407 | $142,609,744 | $119,027,064 | $149,501,381 | $161,765,897 | $172,342,368 |
| Total operating expensesunverified | $91,161,945 | $114,317,323 | $94,625,410 | $99,945,771 | $106,546,624 | $105,824,463 |
| Net income from service to patientsunverified | $16,207,462 | $28,292,421 | $24,401,654 | $49,555,610 | $55,219,273 | $66,517,905 |
| Net incomeunverified | $12,194,768 | $28,502,697 | $18,267,297 | $36,964,235 | $42,668,165 | $50,891,489 |
| Cost of uncompensated careunverified | $4,736,414 | $4,448,252 | $4,491,891 | $4,450,079 | $6,645,150 | $6,860,022 |
| Total facility bad debt expenseunverified | $9,547,227 | $8,321,135 | $7,815,276 | $7,949,738 | $7,187,517 | $8,339,098 |
| Charity care charges and uninsured discountsunverified | $42,898,258 | $37,430,924 | $46,660,344 | $41,663,782 | $65,935,917 | $69,134,643 |
| Cost of charity careunverified | $3,853,575 | $3,684,263 | $3,902,790 | $3,800,839 | $6,092,325 | $6,286,958 |
| Charges for insured patients' liabilityunverified | — | — | — | — | $893,000 | $772,233 |
| Operating marginunverified | 15.1% | 19.8% | 20.5% | 33.1% | 34.1% | 38.6% |
| Overall cost-to-charge ratiounverified | 8.8% | 8.6% | 7.3% | 7.3% | 7.2% | 6.6% |
| Occupancy rateunverified | 44.7% | 56.7% | 46.7% | 41.9% | 43.4% | 43.6% |
| Average length of stayunverified | 4.4 | 4.6 | 4.1 | 3.5 | 3.6 | 3.7 |
| Uncompensated care as % of operating expenseunverified | 5.2% | 3.9% | 4.7% | 4.5% | 6.2% | 6.5% |
| Charity care cost-to-charge ratiounverified | 9.0% | 9.8% | 8.4% | 9.1% | 9.2% | 9.1% |