▸ Cost Report · CCN 340171 · FY 2024
PRESBYTERIAN HOSPITAL MATTHEWS
MATTHEWS, NC 28105 · Fiscal year ending 2024-12-31
$325.3M
TOTAL REVENUES
$66.8M
NET INCOME
20.5%
OPERATING MARGIN
9,649
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $325.3M
- Total costs
- $262.8M
- Net income
- $66.8M
- Operating margin
- 20.5%
- Total charges
- $789.5M
- Medicare charges
- $107.3M
- Medicaid charges
- —
- Charity care charges
- $24.2M
- Uncompensated care
- $7.9M
- Bad debt
- $3.2M
- Total assets
- $277.5M
- Total liabilities
- −$954.0M
- Fund balance
- $1.23B
02 — UTILIZATION
Utilization
- Total beds
- 157
- Bed days available
- 57,462
- Total inpatient days
- 44,607
- Medicare inpatient days
- 10,250
- Medicaid inpatient days
- 879
- Total outpatient visits
- —
- Total discharges
- 9,649
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 9,649 | $325.3M | $66.8M | 20.5% |
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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
5 / 5
- Emergency services
- Yes
- Mortality vs national avg
- Above the national average
- Safety vs national avg
- Above the national average
- Readmissions vs national avg
- Below 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)
| DRG | Description | Discharges | Avg payment |
|---|---|---|---|
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 179 | $14K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 175 | $14K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 170 | $9K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 151 | $9K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 72 | $13K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 58 | $12K |
| 392 | ESOPHAGITIS, GASTROENTERITIS AND MISCELLANEOUS DIGESTIVE DIS… | 58 | $6K |
| 308 | CARDIAC ARRHYTHMIA AND CONDUCTION DISORDERS WITH MCC | 48 | $9K |
| 309 | CARDIAC ARRHYTHMIA AND CONDUCTION DISORDERS WITH CC | 46 | $6K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 45 | $9K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2022)
| ZIP | Cases | Bed days |
|---|---|---|
| 28105 | 735 | 3749 |
| 28105 | 727 | 3266 |
| 28105 | 691 | 2976 |
| 28105 | 691 | 3631 |
| 28105 | 678 | 3933 |
| 28105 | 639 | 2943 |
| 28227 | 602 | 2676 |
| 28079 | 516 | 2579 |
| 28079 | 497 | 2288 |
| 28079 | 482 | 1906 |
CROSS-REFERENCE
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