CCN 490057, VIRGINIA BEACH, 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 | 239 | 239 | 239 | 239 | 239 | 239 |
| Total bed days availableunverified | 87,474 | 87,235 | 87,235 | 87,235 | 87,474 | 87,235 |
| Total facility dischargesunverified | 11,944 | 12,233 | 11,325 | 12,547 | 13,637 | 13,604 |
| Total facility inpatient daysunverified | 65,003 | 72,250 | 70,226 | 73,960 | 73,776 | 69,917 |
| Total patient revenue (gross charges)unverified | $1,371,927,671 | $1,635,038,591 | $1,688,265,030 | $1,871,785,917 | $2,010,493,841 | $2,132,856,653 |
| Contractual allowances and discountsunverified | $1,035,361,540 | $1,228,193,591 | $1,244,381,030 | $1,393,394,917 | $1,502,100,841 | $1,555,955,436 |
| Net patient revenueunverified | $336,566,131 | $406,845,000 | $443,884,000 | $478,391,000 | $508,393,000 | $576,901,217 |
| Total operating expensesunverified | $291,734,915 | $329,836,954 | $376,197,000 | $420,283,000 | $461,130,000 | $477,080,560 |
| Net income from service to patientsunverified | $44,831,216 | $77,008,046 | $67,687,000 | $58,108,000 | $47,263,000 | $99,820,657 |
| Net incomeunverified | $54,171,000 | $121,641,000 | $94,687,000 | $77,403,000 | $73,709,000 | $146,572,000 |
| Cost of uncompensated careunverified | $15,001,625 | $13,587,614 | $12,237,469 | $12,708,579 | $16,449,829 | $15,855,352 |
| Total facility bad debt expenseunverified | $26,550,563 | $21,441,711 | $13,364,015 | $18,714,044 | $23,320,062 | $20,744,574 |
| Charity care charges and uninsured discountsunverified | $41,856,241 | $37,870,495 | $38,721,300 | $38,322,896 | $50,261,948 | $51,838,579 |
| Cost of charity careunverified | $10,032,611 | $9,670,579 | $9,535,804 | $9,112,567 | $12,053,382 | $11,980,054 |
| Charges for insured patients' liabilityunverified | — | — | — | $70,380 | $5,457 | $10,339 |
| Operating marginunverified | 13.3% | 18.9% | 15.2% | 12.1% | 9.3% | 17.3% |
| Overall cost-to-charge ratiounverified | 21.3% | 20.2% | 22.3% | 22.5% | 22.9% | 22.4% |
| Occupancy rateunverified | 74.3% | 82.8% | 80.5% | 84.8% | 84.3% | 80.1% |
| Average length of stayunverified | 5.4 | 5.9 | 6.2 | 5.9 | 5.4 | 5.1 |
| Uncompensated care as % of operating expenseunverified | 5.1% | 4.1% | 3.3% | 3.0% | 3.6% | 3.3% |
| Charity care cost-to-charge ratiounverified | 24.0% | 25.5% | 24.6% | 23.8% | 24.0% | 23.1% |