HCRIS
Cost Report · CCN 340141 · FY 2024

NEW HANOVER REGIONAL MEDICAL CENTER

WILMINGTON, NC 28402 · Fiscal year ending 2024-12-31

Acute Care Hospitals2723 bedsSystem: new hanover
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$2.02B
TOTAL REVENUES
$228.7M
NET INCOME
11.3%
OPERATING MARGIN
41,017
DISCHARGES
01 — FINANCIAL

Financial summary

Total revenues
$2.02B
Total costs
$1.84B
Net income
$228.7M
Operating margin
11.3%
Total charges
$4.61B
Medicare charges
$722.8M
Medicaid charges
Charity care charges
$138.1M
Uncompensated care
$48.5M
Bad debt
$14.9M
Total assets
$1.98B
Total liabilities
$303.3M
Fund balance
$1.68B
02 — UTILIZATION

Utilization

Total beds
723
Bed days available
264,618
Total inpatient days
253,200
Medicare inpatient days
64,353
Medicaid inpatient days
14,318
Total outpatient visits
Total discharges
41,017
Total FTEs
Inpatient residents
Outpatient residents
03 — HISTORY

Latest filing

Fiscal yearDischargesRevenueNet incomeMargin
2024-12-3141,017$2.02B$228.7M11.3%
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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
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
3 / 5
Emergency services
Yes
Mortality vs national avg
Below 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 (PY2022)

DRGDescriptionDischargesAvg payment
871SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC553$17K
871SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC544$17K
291HEART FAILURE AND SHOCK WITH MCC457$11K
291HEART FAILURE AND SHOCK WITH MCC445$11K
470MAJOR HIP AND KNEE JOINT REPLACEMENT OR REATTACHMENT OF LOWE…301$16K
177RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC244$15K
193SIMPLE PNEUMONIA AND PLEURISY WITH MCC211$11K
470MAJOR HIP AND KNEE JOINT REPLACEMENT OR REATTACHMENT OF LOWE…210$16K
378GASTROINTESTINAL HEMORRHAGE WITH CC206$8K
177RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC198$14K
07 — MARKET (HSAF)

Top patient-origin ZIPs

Catchment based on CMS Hospital Service Area File (PY2022)

ZIPCasesBed days
284121,89811914
284121,8769731
284121,8529821
284511,77110007
284121,64310259
284121,63010715
284121,6149099
284511,6149396
284511,5837855
284511,5647634
CROSS-REFERENCE

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