Short-term acute care hospital · Boone, North Carolina · 121 beds · CMS certification number 340051
Watauga Medical Center
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, amended, stamped by CMS August 31, 2026. 30 years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $35.3M in its first year on file (1996) to $211.1M in 2025.
- Its result from patient care: −$12.6M (2023), −$1.9M (2024), $10.3M (2025).
- 3 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 2.1% of its inpatient days and Medicare for 30.7%.
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.
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Beside its peers
Short-term acute care hospitals in North Carolina with 100 to 199 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Watauga Medical Center | 121 | $211,084,738 | $200,775,733 | 4.9% |
| Central Carolina Hospital, Sanford | 127 | $85,272,646 | $92,214,916 | −8.1% |
| Duke Health Lake Norman Hospital, Mooresville | 123 | $34,526,876 | $36,021,776 | −4.3% |
| Cape Fear Valley Betsy Johnson Hospital, Dunn | 127 | $156,492,197 | $137,645,148 | 12.0% |
| Haywood Regional Medical Center, Clyde | 121 | $180,518,253 | $179,812,526 | 0.4% |
| Rutherford Regional Medical Center, Rutherfordton | 119 | $112,469,686 | $100,352,315 | 10.8% |
Patients and payers
- Discharges
- 4,365S-3 line 14, col 15
- Inpatient days
- 16,892S-3 line 14, col 8
- Beds in use, on an average day
- 46.4days ÷ days in year
- Occupancy
- 38.3%days ÷ bed days
- Medicare share of days
- 30.7%S-3 cols 6 ÷ 8
- Medicaid share of days
- 2.1%S-3 cols 7 ÷ 8
Who owns it
Indirect owner: APPALACHIAN REGIONAL HEALTHCARE SYSTEM INC
Related organizations on its own cost report: APPALACHIAN REGIONAL HEALTHCARE SYST, home office.
Other hospitals with the same owner: Charles A Cannon Jr Memorial Hospital (NC), Dorothea Dix Behavioral Health Center (NC).
Type of control on its cost report: governmental, county.
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 HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 340051. 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 HOSP10FY2024.ZIP, read August 31, 2026.