CCN 490119, 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 | 174 | 174 | 174 | 174 | 174 | 174 |
| Total bed days availableunverified | 63,684 | 63,510 | 63,510 | 63,510 | 63,684 | 63,510 |
| Total facility dischargesunverified | 11,487 | 11,843 | 11,604 | 12,317 | 12,760 | 13,242 |
| Total facility inpatient daysunverified | 55,416 | 61,674 | 58,587 | 59,685 | 61,340 | 60,734 |
| Total patient revenue (gross charges)unverified | $1,069,291,476 | $1,254,613,633 | $1,293,903,481 | $1,460,912,761 | $1,605,843,566 | $1,757,758,505 |
| Contractual allowances and discountsunverified | $766,788,747 | $897,721,088 | $932,452,431 | $1,058,639,169 | $1,151,420,102 | $1,254,145,387 |
| Net patient revenueunverified | $302,502,729 | $356,892,545 | $361,451,050 | $402,273,592 | $454,423,464 | $503,613,118 |
| Total operating expensesunverified | $266,352,519 | $294,035,938 | $324,137,087 | $354,166,383 | $398,938,570 | $420,063,113 |
| Net income from service to patientsunverified | $36,150,210 | $62,856,607 | $37,313,963 | $48,107,209 | $55,484,894 | $83,550,005 |
| Net incomeunverified | $30,464,000 | $66,163,992 | $38,006,000 | $45,175,000 | $55,326,000 | $88,602,345 |
| Cost of uncompensated careunverified | $12,361,973 | $10,423,012 | $9,031,755 | $8,814,149 | $11,112,402 | $11,232,070 |
| Total facility bad debt expenseunverified | $19,207,054 | $17,030,672 | $12,415,924 | $14,406,431 | $17,451,033 | $14,002,610 |
| Charity care charges and uninsured discountsunverified | $29,023,564 | $26,272,917 | $23,761,634 | $22,139,806 | $27,211,139 | $32,311,667 |
| Cost of charity careunverified | $8,326,154 | $7,054,764 | $6,466,017 | $5,939,984 | $7,630,081 | $8,490,091 |
| Charges for insured patients' liabilityunverified | — | — | — | $20,465 | — | $4,656 |
| Operating marginunverified | 12.0% | 17.6% | 10.3% | 12.0% | 12.2% | 16.6% |
| Overall cost-to-charge ratiounverified | 24.9% | 23.4% | 25.1% | 24.2% | 24.8% | 23.9% |
| Occupancy rateunverified | 87.0% | 97.1% | 92.2% | 94.0% | 96.3% | 95.6% |
| Average length of stayunverified | 4.8 | 5.2 | 5.0 | 4.8 | 4.8 | 4.6 |
| Uncompensated care as % of operating expenseunverified | 4.6% | 3.5% | 2.8% | 2.5% | 2.8% | 2.7% |
| Charity care cost-to-charge ratiounverified | 28.7% | 26.9% | 27.2% | 26.8% | 28.0% | 26.3% |