HCRIS
Cost Report · CCN 490069 · FY 2024

MEMORIAL REGIONAL MEDICAL CENTER

MECHANICSVILLE, VA 23116 · Fiscal year ending 2024-11-30

Acute Care Hospitals1239 beds
CSV Excel Raw worksheets · Solo+
$450.8M
TOTAL REVENUES
$52.1M
NET INCOME
11.6%
OPERATING MARGIN
15,355
DISCHARGES
01 — FINANCIAL

Financial summary

Total revenues
$450.8M
Total costs
$411.7M
Net income
$52.1M
Operating margin
11.6%
Total charges
$1.67B
Medicare charges
$394.5M
Medicaid charges
Charity care charges
$17.2M
Uncompensated care
$6.2M
Bad debt
$3.6M
Total assets
$227.8M
Total liabilities
$111.7M
Fund balance
$116.1M
02 — UTILIZATION

Utilization

Total beds
239
Bed days available
87,474
Total inpatient days
76,576
Medicare inpatient days
25,640
Medicaid inpatient days
614
Total outpatient visits
Total discharges
15,355
Total FTEs
Inpatient residents
Outpatient residents
03 — HISTORY

Latest filing

Fiscal yearDischargesRevenueNet incomeMargin
2024-11-3015,355$450.8M$52.1M11.6%
Upgrade to see all 6 filings on file.See Solo · $499/yr
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 — VA Acute Care Hospitals

77 hospitals filing FY2024

Median operating margin
10.8%
25th percentile margin
1.6%
75th percentile margin
21.8%
Median discharges
7,012
Median net income
$38.7M
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
Above the national average
Safety vs national avg
Same as 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)

DRGDescriptionDischargesAvg payment
871SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC409$15K
871SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC374$15K
291HEART FAILURE AND SHOCK WITH MCC284$10K
291HEART FAILURE AND SHOCK WITH MCC256$10K
274PERCUTANEOUS AND OTHER INTRACARDIAC PROCEDURES WITHOUT MCC156$25K
177RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC110$14K
274PERCUTANEOUS AND OTHER INTRACARDIAC PROCEDURES WITHOUT MCC107$25K
378GASTROINTESTINAL HEMORRHAGE WITH CC97$8K
872SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITHOUT MCC96$8K
193SIMPLE PNEUMONIA AND PLEURISY WITH MCC93$10K
07 — MARKET (HSAF)

Top patient-origin ZIPs

Catchment based on CMS Hospital Service Area File (PY2022)

ZIPCasesBed days
231111,4477336
231111,2796681
231111,2786303
231111,1656025
231111,1055673
231111,0515627
231168954210
232237814208
231167163685
232317113628
06 — COMMUNITY BENEFIT (IRS 990 SCHEDULE H)

Schedule H community benefit · Bon Secours Memorial Regional Medical Center Llc

FY2018 · matched by name + state · sourced via ProPublica Nonprofit Explorer

Total revenue (990)
$399.3M
Total expenses (990)
$388.2M
Charity care cost
Unreimbursed Medicaid
Community health improvement spend
CROSS-REFERENCE

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Published negotiated rates, payer mix, and compliance grade from this hospital's machine-readable file.
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