Velarion Records

Short-term acute care hospital · Durham, North Carolina · 18 beds · CMS certification number 340049

North Carolina Specialty Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 22, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$73.7M
$73,665,059 · G-3 line 3
Operating expenses
$70.4M
$70,366,962 · G-3 line 4
Result from patient care
$3.3M
$3,298,097 · G-3 line 5
Margin on patient care
4.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $9.7M in its first year on file (1996) to $73.7M in 2025.
  • Its result from patient care: $8.9M (2023), $3.5M (2024), $3.3M (2025).
  • 4 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.
  • NATIONAL SURGICAL HOSPITALS, LLC holds 51% of it, on its Medicare enrollment.

Every statement is drawn from figures on this page; nothing is estimated.

30 years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1996
settled
$9.7M
$9.9M
1997
settled
$9.3M
$10.1M
1998
reopened
$1.5M
$20.2M
1999
settled
$8.9M
$9.0M
2000
settled
$14.4M
$15.2M
2001
settled
$3.7M
$5.2M
2002
settled
$12.3M
$11.3M
2003
reopened
$18.8M
$15.3M
2004
reopened
$18.7M
$15.9M
2005
reopened
$21.3M
$18.4M
2006
reopened
$23.3M
$20.1M
2007
settled
$32.7M
$23.6M
2008
reopened
$36.3M
$27.4M
2009
settled
$40.6M
$31.4M
2010
settled
$44.4M
$33.6M
2011
settled
$46.5M
$35.6M
2012
settled
$46.4M
$37.6M
2013
settled
$48.8M
$39.5M
2014
settled
$50.0M
$40.7M
2015
settled
$52.3M
$43.0M
2016
settled
$53.8M
$43.0M
2017
settled
$58.3M
$47.0M
2018
settled
$56.4M
$47.8M
2019
settled
$58.6M
$50.5M
2020
settled
$62.8M
$52.4M
2021
settled
$67.9M
$57.4M
2022
settled
$71.6M
$63.2M
2023
settled
$70.9M
$62.1M
2024
as submitted
$73.1M
$69.6M
2025
as submitted
$73.7M
$70.4M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from North Carolina first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
North Carolina Specialty Hospital18$73,665,059$70,366,9624.5%
Cape Fear Valley Hoke Hospital, Raeford41$98,982,542$60,605,91838.8%
Novant Health Medical Park Hospital, Winston-Salem9$98,703,387$81,568,45617.4%
Novant Health Ballantyne Medical Center, Charlotte34$118,381,551$100,648,86215.0%
Novant Health Mint Hill Medical Center, Charlotte36$172,543,336$117,527,27231.9%
Person Memorial Hospital, Roxoboro38$33,526,015$47,535,879−41.8%

Patients and payers

Discharges
645
S-3 line 14, col 15
Inpatient days
1,660
S-3 line 14, col 8
Beds in use, on an average day
4.6
days ÷ days in year
Occupancy
25.3%
days ÷ bed days
Medicare share of days
25.7%
S-3 cols 6 ÷ 8

Who owns it

  • NATIONAL SURGICAL HOSPITALS, LLC51%
  • NSH DURHAM, INC.51%
  • SP HOLDCO I INC51%
  • SURGERY CENTER HOLDINGS INC51%
  • SURGERY CENTER HOLDINGS LLC51%
  • SURGERY PARTNERS INC51%
  • TOREG.2 LLC29%
  • ASSOCIATED MEDICAL LLC15%
  • BCPE SEMINOLE HOLDINGS II INTERMEDIATE LP12%
  • FMR LLC7%
  • TOREG.2.5 LLC5%

Related organizations on its own cost report: SURGERY CENTER HOLDINGS INC. (51%), healthcare.

Other hospitals with the same owner: Arizona Spine and Joint Hospital (AZ), Animas Surgical Hospital (CO), Optim Medical Center - Screven (GA), Optim Medical Center Tattnall (GA), Northwest Specialty Hospital (ID), Kansas Spine & Specialty Hospital (KS), Lafayette Surgical Specialty Hospital (LA), Great Falls Clinic Hospital (MT), Midwest Surgical Hospital (NE), The Physicians Centre Hospital (TX).

Type of control on its cost report: proprietary, corporation.

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in North Carolina

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 340049. 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 June 22, 2026.