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Short-term acute care hospital · Thomasville, North Carolina · 73 beds · CMS certification number 340085

Novant Health Thomasville 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

Net patient revenue
$393.4M
$393,385,009 · G-3 line 3
Operating expenses
$579.5M
$579,547,042 · G-3 line 4
Result from patient care
−$186.2M
−$186,162,033 · G-3 line 5
Margin on patient care
−47.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $28.0M in its first year on file (1996) to $393.4M in 2025.
  • Its result from patient care: −$51.7M (2023), −$43.9M (2024), −$186.2M (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 2.2% of its inpatient days and Medicare for 12.0%.

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
$28.0M
$27.8M
1997
reopened
$26.0M
$26.5M
1998
settled
$26.2M
$25.8M
1999
reopened
$28.5M
$27.9M
2000
reopened
$29.1M
$28.5M
2001
reopened
$32.6M
$29.1M
2002
settled
$34.6M
$34.1M
2003
settled
$37.6M
$36.2M
2004
reopened
$40.4M
$37.1M
2005
settled
$43.9M
$41.4M
2006
settled
$48.0M
$43.8M
2007
reopened
$50.2M
$47.9M
2008
reopened
$53.9M
$55.2M
2009
reopened
$61.1M
$57.2M
2010
reopened
$64.6M
$53.3M
2011
reopened
$68.3M
$69.3M
2012
reopened
$77.6M
$77.2M
2013
reopened
$75.0M
$72.6M
2014
settled
$80.2M
$81.9M
2015
reopened
$83.2M
$80.5M
2016
settled
$89.3M
$84.7M
2017
settled
$85.9M
$86.5M
2018
reopened
$95.8M
$88.7M
2019
reopened
$101.9M
$92.0M
2020
settled
$99.6M
$94.2M
2021
settled
$115.5M
$105.2M
2022
settled
$220.3M
$251.7M
2023
amended
$303.5M
$355.2M
2024
as submitted
$373.7M
$417.6M
2025
as submitted
$393.4M
$579.5M

Beside its peers

Short-term acute care hospitals in North Carolina with 50 to 99 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Novant Health Thomasville Medical Center73$393,385,009$579,547,042−47.3%
Novant Health Brunswick Medical Center, Bolivia72$190,905,858$154,686,75919.0%
Harris Regional Hospital, Sylva82$140,888,405$141,214,319−0.2%
Hugh Chatham Memorial Hospital, Elkin81$111,614,449$137,897,914−23.5%
Lexington Medical Center, Lexington70$147,209,029$133,881,7929.0%
Wilkes Regional Medical Center, North Wilkesboro77$129,642,232$137,280,969−5.9%

Patients and payers

Discharges
4,353
S-3 line 14, col 15
Inpatient days
13,500
S-3 line 14, col 8
Beds in use, on an average day
37.1
days ÷ days in year
Occupancy
50.7%
days ÷ bed days
Medicare share of days
12.0%
S-3 cols 6 ÷ 8
Medicaid share of days
2.2%
S-3 cols 7 ÷ 8

Who owns it

Indirect owners: NOVANT HEALTH TRIAD REGION, LLC; NOVANT HEALTH, INC.

Related organizations on its own cost report: NOVANT HEALTH (100%).

Other hospitals with the same owner: Novant Health Forsyth Medical Center (NC), Novant Health Rowan Medical Center (NC), Novant Health Presbyterian 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 340085. 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.