▸ Cost Report · CCN 340144 · FY 2023
DAVIS REGIONAL MEDICAL CENTER
STATESVILLE, NC 28625 · Fiscal year ending 2023-05-04
$6.3M
TOTAL REVENUES
−$6.6M
NET INCOME
-104.9%
OPERATING MARGIN
351
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $6.3M
- Total costs
- $13.3M
- Net income
- −$6.6M
- Operating margin
- -104.9%
- Total charges
- $2.9M
- Medicare charges
- $284K
- Medicaid charges
- —
- Charity care charges
- $716K
- Uncompensated care
- $10.4M
- Bad debt
- $94K
- Total assets
- $37.6M
- Total liabilities
- $28.0M
- Fund balance
- $9.6M
02 — UTILIZATION
Utilization
- Total beds
- 16
- Bed days available
- 3,456
- Total inpatient days
- 2,794
- Medicare inpatient days
- 241
- Medicaid inpatient days
- 55
- Total outpatient visits
- —
- Total discharges
- 351
- Total FTEs
- 20
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2023-05-04 | 351 | $6.3M | −$6.6M | -104.9% |
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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 →
DISTRESS RADAR
Risk signals detected
Auto-flagged from 3-year trend on margin, volume, and bad debt
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04 — PEER BENCHMARK
Peer cohort — NC
130 hospitals filing FY2023
- Median operating margin
- 5.0%
- 25th percentile margin
- -5.3%
- 75th percentile margin
- 13.7%
- Median discharges
- 2,977
- Median net income
- $4.1M
- Median bed count
- 98
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2018)
| ZIP | Cases | Bed days |
|---|---|---|
| 28625 | 329 | 1568 |
| 28677 | 266 | 1201 |
| 28625 | 254 | 1155 |
| 28677 | 248 | 1047 |
| 28625 | 221 | 1052 |
| 28625 | 217 | 1074 |
| 28677 | 195 | 913 |
| 28677 | 178 | 911 |
| 28681 | 67 | 379 |
| 28681 | 59 | 233 |
CROSS-REFERENCE
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