RIVERSIDE REGIONAL MEDICAL CENTER — financial and operating metrics

CCN 490052, NEWPORT NEWS, 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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified410398379433433455
Total bed days availableunverified150,060145,270138,335158,045158,478166,075
Total facility dischargesunverified20,61121,72422,20723,35324,56027,068
Total facility inpatient daysunverified109,557122,257123,769133,906127,624124,303
Total patient revenue (gross charges)unverified$2,312,926,639$2,658,911,700$2,921,982,346$3,284,882,189$3,540,511,691$3,726,898,421
Contractual allowances and discountsunverified$1,582,952,934$1,796,293,358$1,958,640,339$2,207,954,168$2,347,738,769$2,411,585,899
Net patient revenueunverified$729,973,705$862,618,342$963,342,007$1,076,928,021$1,192,772,922$1,315,312,522
Total operating expensesunverified$907,587,611$1,015,775,879$1,157,291,222$1,324,540,591$1,442,670,821$1,575,016,325
Net income from service to patientsunverified$-177,613,906$-153,157,537$-193,949,215$-247,612,570$-249,897,899$-259,703,803
Net incomeunverified$85,909,760$113,286,166$62,119,654$83,129,802$103,044,614$170,643,255
Cost of uncompensated careunverified$21,930,993$22,971,859$25,611,337$20,332,616$22,687,709$29,016,289
Total facility bad debt expenseunverified$22,811,261$19,767,343$14,850,931$21,550,260$19,366,358$35,372,497
Charity care charges and uninsured discountsunverified$45,231,127$46,599,528$65,761,587$52,636,729$62,897,184$66,488,614
Cost of charity careunverified$16,135,412$17,915,673$21,634,842$14,638,404$17,687,054$19,501,467
Operating marginunverified-24.3%-17.8%-20.1%-23.0%-21.0%-19.7%
Overall cost-to-charge ratiounverified39.2%38.2%39.6%40.3%40.7%42.3%
Occupancy rateunverified73.0%84.2%89.5%84.7%80.5%74.8%
Average length of stayunverified5.35.65.65.75.24.6
Uncompensated care as % of operating expenseunverified2.4%2.3%2.2%1.5%1.6%1.8%
Charity care cost-to-charge ratiounverified35.7%38.4%32.9%27.8%28.1%29.3%
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