Short-term acute care hospital · North Wilkesboro, North Carolina · 77 beds · CMS certification number 340064
Wilkes Regional 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.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $37.3M in its first year on file (1996) to $129.6M in 2025.
- Its result from patient care: $5.3M (2023), $13.8M (2024), −$7.6M (2025).
- 3 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
- Medicaid paid for 2.6% of its inpatient days and Medicare for 19.2%.
- WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER 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 50 to 99 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Wilkes Regional Medical Center | 77 | $129,642,232 | $137,280,969 | −5.9% |
| Novant Health Brunswick Medical Center, Bolivia | 72 | $190,905,858 | $154,686,759 | 19.0% |
| Harris Regional Hospital, Sylva | 82 | $140,888,405 | $141,214,319 | −0.2% |
| Hugh Chatham Memorial Hospital, Elkin | 81 | $111,614,449 | $137,897,914 | −23.5% |
| Sentara Albemarle Regional Medical Center, Elizabeth City | 82 | $241,754,205 | $214,079,451 | 11.5% |
| Novant Health Thomasville Medical Center, Thomasville | 73 | $393,385,009 | $579,547,042 | −47.3% |
Patients and payers
- Discharges
- 4,639S-3 line 14, col 15
- Inpatient days
- 15,743S-3 line 14, col 8
- Beds in use, on an average day
- 43.3days ÷ days in year
- Occupancy
- 56.0%days ÷ bed days
- Medicare share of days
- 19.2%S-3 cols 6 ÷ 8
- Medicaid share of days
- 2.6%S-3 cols 7 ÷ 8
Who owns it
- WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER100%
- NORTH CAROLINA BAPTIST HOSPITAL40%
- WAKE FOREST UNIVERSITY40%
- ATRIUM HEALTH INC20%
Related organizations on its own cost report: WFUHS; NCBH; CMHA.
Other hospitals with the same owner: Atrium Health Floyd Cherokee Medical Center (AL), Atrium Health Floyd Medical Center (GA), Atrium Health Navicent the Medical Center (GA), Atrium Health Navicent Baldwin (GA), Atrium Health Navicent Peach (GA), Atrium Health Floyd Polk Medical Center (GA), Atrium Health Navicent Rehabilitation Hopsital (GA).
Type of control on its cost report: governmental, city-county.
Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).
Community benefit, as filed
From IRS Form 990 Schedule H, Part I, filed by WRMC HOSPITAL OPERATING CORPORATION (employer identification number 830343789) for tax year 2023. The return lists this hospital as its one hospital facility.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total community benefit expense (line 7k) | $1,840,842 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $1,123,635 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Medicaid (line 7b) | $0 | IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $1,716,108 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $124,734 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.0151 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202433209349301333. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by WRMC HOSPITAL OPERATING CORPORATION (employer identification number 830343789) for tax year 2023. The return lists this hospital as its one hospital facility.
| Name | Title | Role | Reportable comp, from this organization | Reportable comp, from related organizations | Other compensation |
|---|---|---|---|---|---|
| AARON ELLIOTT | CLINICAL INSTRUCTOR CRNA | Highest-compensated employee | $0 | $265,995 | $21,202 |
| BARRY WALD | ASST TREASURER | Officer | $0 | $245,756 | $36,709 |
| BRADLEY A CLARK | TREASURER | Officer | $1,431,976 | $0 | $145,795 |
| CHAD BROWN | BOARD MEMBER & PRESIDENT | Trustee/director, Officer | $0 | $475,430 | $54,921 |
| DAVID W ZAAS MD | BOARD MEMBER | Trustee/director | $0 | $0 | $0 |
| DEBORAH HARDING DNP | BOARD MEMBER | Trustee/director | $0 | $526,303 | $72,765 |
| J MCLAIN WALLACE JR | SECRETARY | Officer | $0 | $983,574 | $35,934 |
| JAMES ATKINS MD | BOARD MEMBER | Trustee/director | $0 | $0 | $0 |
| JASON YOCKEY | CHIEF CRNA | Highest-compensated employee | $0 | $281,168 | $55,082 |
| JENA FOLGER | BOARD MEMBER | Trustee/director | $0 | $491,375 | $49,165 |
| JOHN RIEDEL | CLINICAL INSTRUCTOR CRNA | Highest-compensated employee | $0 | $241,848 | $47,183 |
| JOSEPH CALVERT MD | BOARD MEMBER | Trustee/director | $0 | $0 | $0 |
| JOSHUA TROYER | CLINICAL INSTRUCTOR CRNA | Highest-compensated employee | $0 | $310,848 | $52,451 |
| KRISTIE BRYAN | CLINICAL INSTRUCTOR CRNA | Highest-compensated employee | $0 | $225,867 | $37,451 |
| LORI MCNEIL | ASST SECRETARY | Officer | $0 | $50,930 | $31,266 |
| MICHAEL T WAID | CHAIR | Trustee/director, Officer | $0 | $797,934 | $57,880 |
| PETER MATTHEW BELFORD MD | BOARD MEMBER | Trustee/director | $0 | $0 | $0 |
| STEPHAN L LILLIE | BOARD MEMBER | Trustee/director | $0 | $572,269 | $33,957 |
E-file object id 202433209349301333. The IRS archive it was read from.
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 340064. 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.