HCRIS
Cost Report · CCN 340014 · FY 2024

FORSYTH MEMORIAL HOSPITAL INC

WINSTON SALEM, NC 27103 · Fiscal year ending 2024-12-31

Acute Care Hospitals2917 beds⚠ Distress flaggedSystem: forsyth inc
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$1.67B
TOTAL REVENUES
−$5.8M
NET INCOME
-0.3%
OPERATING MARGIN
43,144
DISCHARGES
01 — FINANCIAL

Financial summary

Total revenues
$1.67B
Total costs
$1.71B
Net income
−$5.8M
Operating margin
-0.3%
Total charges
$3.38B
Medicare charges
$449.1M
Medicaid charges
Charity care charges
$94.4M
Uncompensated care
$62.7M
Bad debt
$16.4M
Total assets
$902.4M
Total liabilities
−$2.11B
Fund balance
$3.02B
02 — UTILIZATION

Utilization

Total beds
917
Bed days available
335,622
Total inpatient days
262,302
Medicare inpatient days
43,560
Medicaid inpatient days
10,955
Total outpatient visits
Total discharges
43,144
Total FTEs
Inpatient residents
Outpatient residents
03 — HISTORY

Latest filing

Fiscal yearDischargesRevenueNet incomeMargin
2024-12-3143,144$1.67B−$5.8M-0.3%
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03b — TREND CHART

Revenue, costs, and net income by fiscal year

Multi-year P&L chart — visualize revenue, costs, and net income side-by-side across every filing.See Solo · $499/yr
DISTRESS RADAR

Risk signals detected

Auto-flagged from 3-year trend on margin, volume, and bad debt

This hospital tripped 1 distress signal. Upgrade to see which signals fired and the underlying numbers.See Solo · $499/yr
04 — PEER BENCHMARK

Peer cohort — NC Acute Care Hospitals

79 hospitals filing FY2024

Median operating margin
10.5%
25th percentile margin
4.6%
75th percentile margin
17.9%
Median discharges
5,844
Median net income
$20.6M
Median bed count
137
05 — QUALITY (CMS CARE COMPARE)

CMS Care Compare quality measures

Sourced from data.cms.gov · refreshed monthly. CMS publishes these — we surface them.

Overall rating
4 / 5
Emergency services
Yes
Mortality vs national avg
Same as the national average
Safety vs national avg
Above the national average
Readmissions vs national avg
Same as the national average
Patient experience vs national avg
Timely & effective vs national avg
07a — MS-DRG MIX

Top inpatient DRGs by volume

Per CMS Medicare Inpatient Hospitals dataset (PY2021)

DRGDescriptionDischargesAvg payment
871SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC528$15K
871SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC463$15K
470MAJOR HIP AND KNEE JOINT REPLACEMENT OR REATTACHMENT OF LOWE…310$14K
470MAJOR HIP AND KNEE JOINT REPLACEMENT OR REATTACHMENT OF LOWE…309$14K
291HEART FAILURE AND SHOCK WITH MCC304$11K
291HEART FAILURE AND SHOCK WITH MCC280$10K
177RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC278$13K
193SIMPLE PNEUMONIA AND PLEURISY WITH MCC201$10K
193SIMPLE PNEUMONIA AND PLEURISY WITH MCC192$10K
177RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC186$13K
07 — MARKET (HSAF)

Top patient-origin ZIPs

Catchment based on CMS Hospital Service Area File (PY2022)

ZIPCasesBed days
272841,79910665
272841,6798991
272841,5918865
272841,5879473
272841,4668931
272841,3778935
271071,3418917
271071,3378160
271051,3119339
271061,2668819
CROSS-REFERENCE

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