Short-term acute care hospital · Charlotte, North Carolina · 537 beds · CMS certification number 340053
Novant Health Presbyterian Medical Center
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 5, 2026. 30 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 $264.6M in its first year on file (1996) to $2.4B in 2025.
- Its result from patient care: $153.8M (2023), $303.7M (2024), $317.6M (2025).
- All 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 2.0% of its inpatient days and Medicare for 14.3%.
- NOVANT HEALTH, INC. holds 100% 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.
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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 Presbyterian Medical Center | 537 | $2,413,299,816 | $2,095,658,565 | 13.2% |
| Caromont Regional Medical Center, Gastonia | 468 | $822,685,423 | $749,618,309 | 8.9% |
| MH Mission Hospital, LLLP, Asheville | 757 | $1,471,639,311 | $1,274,326,495 | 13.4% |
| Novant Health New Hanover Regional Medical Center, Wilmington | 752 | $2,389,539,012 | $2,148,049,178 | 10.1% |
| Rex Hospital, UNC Rex Hospital, Raleigh | 485 | $1,813,043,000 | $1,715,822,000 | 5.4% |
| Wakemed Raleigh Campus, Raleigh | 721 | $1,569,204,496 | $1,484,303,306 | 5.4% |
Patients and payers
- Discharges
- 27,949S-3 line 14, col 15
- Inpatient days
- 170,832S-3 line 14, col 8
- Beds in use, on an average day
- 469.3days ÷ days in year
- Occupancy
- 87.2%days ÷ bed days
- Medicare share of days
- 14.3%S-3 cols 6 ÷ 8
- Medicaid share of days
- 2.0%S-3 cols 7 ÷ 8
Who owns it
- NOVANT HEALTH, INC.100%
Related organizations on its own cost report: RELATED NOVANT, hospital; NOVANT HEALTH, parent company.
Other hospitals with the same owner: Novant Health Forsyth Medical Center (NC), Novant Health Rowan 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 340053. 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 5, 2026.