HCRIS
Cost Report · CCN 490088 · FY 2024

BEDFORD MEMORIAL HOSPITAL

BEDFORD, VA 24523 · Fiscal year ending 2024-12-31

Acute Care Hospitals233 beds⚠ Distress flaggedSystem: bedford
CSV Excel Raw worksheets · Solo+
$52.1M
TOTAL REVENUES
$2.3M
NET INCOME
4.5%
OPERATING MARGIN
1,356
DISCHARGES
01 — FINANCIAL

Financial summary

Total revenues
$52.1M
Total costs
$48.1M
Net income
$2.3M
Operating margin
4.5%
Total charges
$142.6M
Medicare charges
$19.5M
Medicaid charges
Charity care charges
$7.4M
Uncompensated care
$2.6M
Bad debt
$2.1M
Total assets
$39.8M
Total liabilities
$3.8M
Fund balance
$36.0M
02 — UTILIZATION

Utilization

Total beds
33
Bed days available
12,078
Total inpatient days
4,487
Medicare inpatient days
2,122
Medicaid inpatient days
39
Total outpatient visits
Total discharges
1,356
Total FTEs
Inpatient residents
Outpatient residents
03 — HISTORY

Latest filing

Fiscal yearDischargesRevenueNet incomeMargin
2024-12-311,356$52.1M$2.3M4.5%
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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
DISTRESS RADAR

Risk signals detected

Auto-flagged from 3-year trend on margin, volume, and bad debt

This hospital tripped 2 distress signals. Upgrade to see which signals fired and the underlying numbers.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
5 / 5
Emergency services
Yes
Mortality vs national avg
Same as the national average
Safety vs national avg
Same as the national average
Readmissions vs national avg
Above 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)

DRGDescriptionDischargesAvg payment
871SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC126$14K
871SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC122$14K
291HEART FAILURE AND SHOCK WITH MCC48$9K
872SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITHOUT MCC42$8K
291HEART FAILURE AND SHOCK WITH MCC38$10K
872SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITHOUT MCC34$8K
683RENAL FAILURE WITH CC22$7K
392ESOPHAGITIS, GASTROENTERITIS AND MISCELLANEOUS DIGESTIVE DIS…18$7K
189PULMONARY EDEMA AND RESPIRATORY FAILURE17$11K
177RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC17$14K
07 — MARKET (HSAF)

Top patient-origin ZIPs

Catchment based on CMS Hospital Service Area File (PY2019)

ZIPCasesBed days
245236642101
245236021912
245234631682
245234091355
245233681326
245233521249
2412199292
2412191271
2412187268
2412184274
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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