Short-term acute care hospital · Lexington, North Carolina · 70 beds · CMS certification number 340096
Lexington 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 $29.2M in its first year on file (1996) to $147.2M in 2025.
- Its result from patient care: $14.0M (2023), $24.4M (2024), $13.3M (2025).
- 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2025.
- Medicaid paid for 2.2% of its inpatient days and Medicare for 14.4%.
- 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.
settled
settled
settled
settled
settled
settled
reopened
reopened
settled
reopened
settled
settled
reopened
reopened
reopened
reopened
reopened
reopened
settled
settled
settled
settled
settled
settled
settled
settled
settled
settled
amended
as submitted
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 |
|---|---|---|---|---|
| Lexington Medical Center | 70 | $147,209,029 | $133,881,792 | 9.0% |
| Novant Health Brunswick Medical Center, Bolivia | 72 | $190,905,858 | $154,686,759 | 19.0% |
| ECU Health Roanoke Chowan Hospital, Ahoskie | 50 | $87,613,793 | $96,117,351 | −9.7% |
| Sampson Regional Medical Center, Clinton | 67 | $82,225,043 | $84,439,515 | −2.7% |
| Novant Health Thomasville Medical Center, Thomasville | 73 | $393,385,009 | $579,547,042 | −47.3% |
| Wilkes Regional Medical Center, North Wilkesboro | 77 | $129,642,232 | $137,280,969 | −5.9% |
Patients and payers
- Discharges
- 3,971S-3 line 14, col 15
- Inpatient days
- 14,065S-3 line 14, col 8
- Beds in use, on an average day
- 38.6days ÷ days in year
- Occupancy
- 55.0%days ÷ bed days
- Medicare share of days
- 14.4%S-3 cols 6 ÷ 8
- Medicaid share of days
- 2.2%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: CMHA; LEXINGTON FOUND, foundation; NC BAPTIST HOS, healthcare.
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: voluntary nonprofit, other.
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 LEXINGTON MEDICAL CENTER (employer identification number 560543238) 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) | $1,653,120 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $1,258,283 | 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) | $1,650,796 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $2,324 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.0143 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202403209349302360. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by LEXINGTON MEDICAL CENTER (employer identification number 560543238) 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 |
|---|---|---|---|---|---|
| ALANNA BARBEE | STAFF NURSE II | Highest-compensated employee | $0 | $183,728 | $0 |
| BRADLEY A CLARK | TREASURER | Officer | $1,431,976 | $0 | $145,795 |
| CHARLES MILLER | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| D BRANDON CHAPMAN MD | DIRECTOR | Trustee/director | $0 | $582,473 | $58,420 |
| DANNY SQUIRES | FINANCE DIRECTOR | Key employee | $0 | $259,167 | $39,229 |
| DEBBY BROWN | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| DENISE HEGE | SECRETARY | Officer | $0 | $70,429 | $15,858 |
| GORDON KAMMIRE MD | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| HOLLY MYERS | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| JACOB FREEMAN | CHIEF NURSING OFFICER | Highest-compensated employee | $0 | $225,979 | $38,929 |
| JASON BYERS | INTERNAL TEMP NURSE | Highest-compensated employee | $0 | $189,493 | $0 |
| KARIN MABE | DIRECTOR (TO 3/31/23) | Trustee/director | $0 | $199,934 | $17,041 |
| LEANDRA FOSTER | STAFF NURSE II | Highest-compensated employee | $0 | $186,581 | $0 |
| LILLIAN KOONTZ | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| MICHAEL HOLSHOUSER | CHAIR | Trustee/director, Officer | $0 | $0 | $0 |
| MICHAEL T WAID | DIRECTOR | Trustee/director | $0 | $797,934 | $57,880 |
| MICK FISHER | DIRECTOR | Trustee/director | $0 | $887,944 | $41,049 |
| NICOLE PEDERSON SMITH | DIRECTOR | Trustee/director | $0 | $74,627 | $25,667 |
| NINA SMITH | VICE CHAIR | Trustee/director, Officer | $0 | $0 | $0 |
| REV DR RAY HOWELL | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| ROBERT EVANS MD | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| ROBIN TEAM JR | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| ROSALIND BAKER | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| SARAH MONTELEONE | INTERNAL TEMP NURSE | Highest-compensated employee | $0 | $210,827 | $0 |
| TAMMY ABSHER | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| WILLIAM B JAMES | DIRECTOR & PRESIDENT | Trustee/director, Officer | $0 | $468,381 | $51,951 |
E-file object id 202403209349302360. The IRS archive it was read from.
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.
Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 340096. 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.