Short-term acute care hospital · Winston Salem, North Carolina · 967 beds · CMS certification number 340014
Novant Health Forsyth Medical Center
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, amended, stamped by CMS September 9, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $278.0M in its first year on file (1997) to $1.7B in 2025.
- Its result from patient care: −$49.7M (2023), −$40.0M (2024), −$120.7M (2025).
- 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2025.
- Medicaid paid for 1.6% of its inpatient days and Medicare for 16.4%.
- NOVANT HEALTH TRIAD REGION, LLC holds 100% of it, on its Medicare enrollment.
Every statement is drawn from figures on this page; nothing is estimated.
29 years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Short-term acute care hospitals in North Carolina with 400 and over beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Novant Health Forsyth Medical Center | 967 | $1,734,594,805 | $1,855,247,204 | −7.0% |
| Carolinas Medical Center, Charlotte | 1,219 | $4,444,918,592 | $4,333,038,771 | 2.5% |
| Duke University Hospital, Durham | 1,266 | $4,842,220,810 | $4,623,529,115 | 4.5% |
| North Carolina Baptist Hospital, Winston-Salem | 857 | $2,988,922,677 | $3,760,630,146 | −25.8% |
| ECU Health Medical Center, Greenville | 1,013 | $1,873,700,850 | $1,834,255,176 | 2.1% |
| UNC Hospitals, Chapel Hill | 842 | $3,606,086,345 | $2,989,067,522 | 17.1% |
Patients and payers
- Discharges
- 43,083S-3 line 14, col 15
- Inpatient days
- 258,337S-3 line 14, col 8
- Beds in use, on an average day
- 709.7days ÷ days in year
- Occupancy
- 73.2%days ÷ bed days
- Medicare share of days
- 16.4%S-3 cols 6 ÷ 8
- Medicaid share of days
- 1.6%S-3 cols 7 ÷ 8
Who owns it
- NOVANT HEALTH TRIAD REGION, LLC100%
- NOVANT HEALTH, INC.100%
Related organizations on its own cost report: MEDICAL PARK HOSPITAL, hospital; OAKS AT FORSYTH, snf; SPRINGWOOD CARE CENTER, snf; OTHER NON-FMH PROVIDERS, medical facility; VARIOUS PHYSICIAN PRACTIC, physician offices.
Other hospitals with the same owner: Novant Health Rowan Medical Center (NC), Novant Health Presbyterian Medical Center (NC), Novant Health Thomasville Medical Center (NC), Novant Health New Hanover Regional Medical Center (NC), Novant Health Medical Park Hospital (NC), Novant Health Brunswick Medical Center (NC), Novant Health Matthews Medical Center (NC), Presbyterian Hospital Huntersville (NC), Novant Health Mint Hill Medical Center (NC), Novant Health Ballantyne Medical Center (NC), Novant Health Pender Medical Center (NC), Novant Health Rehabilitation Hospital, an Affiliate of Encompass Healt (NC).
Type of control on its cost report: voluntary nonprofit, other.
Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 340014. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.
How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read September 9, 2026.