Velarion Records

Short-term acute care hospital · Newnan, Georgia · 227 beds · CMS certification number 110229

Piedmont Newnan Hospital

Latest filing: fiscal year ended June 30, 2025, settled, stamped by CMS July 24, 2026. Nineteen years on file, all shown below.

Fiscal 2025 at a glance

Net patient revenue $420.3M $420,265,645 · G-3 line 3
Operating expenses $328.2M $328,219,390 · G-3 line 4
Result from patient care $92.0M $92,046,255 · G-3 line 5
Margin on patient care 21.9% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $29.4M in its first year on file (2007) to $420.3M in 2025.
  • Its result from patient care: $70.5M (2023), $80.6M (2024), $92.0M (2025).
  • 2 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 6.9% of its inpatient days and Medicare for 22.4%.

How these statements are drawn

Nineteen years of filings

Net patient revenueOperating expenses

2007 reopened margin −19.8% $29.4M $35.2M

2008 reopened margin −9.4% $91.8M $100.4M

2009 reopened margin −7.3% $95.4M $102.4M

2010 reopened margin −2.1% $115.5M $117.9M

2011 reopened margin −0.4% $111.1M $111.5M

2012 reopened margin −3.9% $114.2M $118.6M

2013 reopened margin −2.7% $143.5M $147.4M

2014 reopened margin −6.0% $176.3M $186.8M

2015 settled margin −0.2% $205.9M $206.3M

2016 settled margin 5.6% $240.2M $226.8M

2017 settled margin 5.1% $220.8M $209.5M

2018 settled margin 6.7% $218.8M $204.3M

2019 reopened margin 14.6% $250.2M $213.6M

2020 settled margin 10.1% $264.9M $238.2M

2021 settled margin 21.1% $318.2M $251.1M

2022 settled margin 16.9% $344.5M $286.3M

2023 settled margin 19.3% $366.0M $295.6M

2024 settled margin 20.9% $385.3M $304.6M

2025 settled margin 21.9% $420.3M $328.2M

Beside its peers

Short-term acute care hospitals in Georgia with 200 to 399 beds, fiscal year 2025.

Hospital Beds Net patient revenue Operating expenses Margin

Piedmont Newnan Hospital 227 $420,265,645 $328,219,390 21.9%

Adventhealth Redmond, Redmond 210 $374,680,585 $424,790,217 −13.4%

Hamilton Medical Center, Dalton 243 $434,250,689 $401,882,460 7.4%

Piedmont Eastside Medical Center, Snellville 218 $349,928,136 $313,609,274 10.4%

Southern Regional Medical Center, Riverdale 233 $117,289,293 $138,418,369 −18.0%

St. Josephs Hospital, Savannah 231 $346,067,774 $369,686,141 −6.8%

Patients and payers

  • Discharges 13,102 S-3 line 14, col 15
  • Inpatient days 60,025 S-3 line 14, col 8
  • Beds in use, on an average day 164.9 days ÷ days in year
  • Occupancy 72.5% days ÷ bed days
  • Medicare share of days 22.4% S-3 cols 6 ÷ 8
  • Medicaid share of days 6.9% S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: PIEDMONT HEALTHCARE, home office; PIEDMONT HEALTHCARE, home office; PIEDMONT HEALTH, home office; PIEDMONT HEALTHCARE, home office; PIEDMONT HEALTH, home office.

Control: voluntary nonprofit, other.

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by PIEDMONT NEWNAN HOSPITAL INC (employer identification number 205077249) for tax year 2022. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$11,662,891IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$6,623,524IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$1,155,322IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$8,456,254IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$3,206,637IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0397IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202411359349307601. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by PIEDMONT NEWNAN HOSPITAL INC (employer identification number 205077249) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
Dr Diana SantiagoBoard MemberTrustee/director$0$0$0
Dr Eric MitchellBoard MemberTrustee/director$0$942,735$39,802
Dr Kay CrosbyBoard MemberTrustee/director$0$0$0
DR SHANKAR KANDASWAMYBOARD MEMBERTrustee/director$0$740,006$39,505
Dr Timothy Wayne BakerBoard MemberTrustee/director$0$0$0
MR ANANT MANDAPAKAMEDICAL PHYSICISTHighest-compensated employee$204,247$0$32,969
Mr Christopher StephensBoard MemberTrustee/director$0$0$0
Mr David CopelanDIRECTOR OF PHARMACYHighest-compensated employee$236,171$0$33,728
Mr Douwe BergsmaBoard MemberTrustee/director$0$691,954$96,092
Mr John MilesCFOKey employee$483,459$0$40,053
Mr Michael McAnderFORMER TREASURER/CFO PHCFormer$0$150,106$0
Mr Mike RobertsonCEO & Board Member/CHAIRTrustee/director, Officer$756,056$0$106,832
MR ROBERT MILLERCMOHighest-compensated employee$511,732$0$28,070
Mr Thomas ArnoldTREASURER/CFO PHCOfficer$0$1,173,444$130,741
Ms Cynthia JenkinsBoard MemberTrustee/director$0$0$0
Ms Elizabeth LeddySECRETARY/CLO PHCOfficer$0$1,389,485$138,711
Ms Jennifer KeyCNOHighest-compensated employee$265,651$0$23,541
Ms Pamela MurphyDIRECTOR OF SURGICAL SERVICESHighest-compensated employee$218,980$0$16,875
Ms Tonya WhitlockBoard MemberTrustee/director$0$0$0
Ms Vicki KaiserCOOKey employee$290,538$0$38,632

E-file object id 202411359349307601. The IRS archive it was read from.

Follow Piedmont Newnan Hospital, free

More short-term acute care hospitals in Georgia

File HOSP10FY2024.ZIP, form CMS-2552-10, CMS certification number 110229.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read July 24, 2026.

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