▸ Cost Report · CCN 340113 · FY 2024
CAROLINAS MEDICAL CENTER
CHARLOTTE, NC 28232 · Fiscal year ending 2024-12-31
$4.08B
TOTAL REVENUES
$240.3M
NET INCOME
5.9%
OPERATING MARGIN
65,439
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $4.08B
- Total costs
- $3.98B
- Net income
- $240.3M
- Operating margin
- 5.9%
- Total charges
- $8.34B
- Medicare charges
- $1.09B
- Medicaid charges
- —
- Charity care charges
- $295.0M
- Uncompensated care
- $95.1M
- Bad debt
- —
- Total assets
- $7.53B
- Total liabilities
- $165.5M
- Fund balance
- $7.37B
02 — UTILIZATION
Utilization
- Total beds
- 1,243
- Bed days available
- 454,938
- Total inpatient days
- 413,387
- Medicare inpatient days
- 51,531
- Medicaid inpatient days
- 31,771
- Total outpatient visits
- —
- Total discharges
- 65,439
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 65,439 | $4.08B | $240.3M | 5.9% |
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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 →
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)
| DRG | Description | Discharges | Avg payment |
|---|---|---|---|
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 272 | $24K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 260 | $25K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 202 | $15K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 155 | $16K |
| 267 | ENDOVASCULAR CARDIAC VALVE REPLACEMENT AND SUPPLEMENT PROCED… | 138 | $40K |
| 064 | INTRACRANIAL HEMORRHAGE OR CEREBRAL INFARCTION WITH MCC | 125 | $23K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 116 | $20K |
| 267 | ENDOVASCULAR CARDIAC VALVE REPLACEMENT AND SUPPLEMENT PROCED… | 110 | $43K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 106 | $18K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 106 | $16K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2019)
| ZIP | Cases | Bed days |
|---|---|---|
| 28208 | 1,084 | 6079 |
| 28208 | 1,007 | 7519 |
| 28208 | 996 | 5693 |
| 28208 | 995 | 7271 |
| 28208 | 964 | 6127 |
| 28216 | 847 | 5094 |
| 28216 | 814 | 4601 |
| 28208 | 796 | 5924 |
| 28216 | 792 | 4971 |
| 28205 | 730 | 4302 |
CROSS-REFERENCE
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