Short-term acute care hospital · Elkin, North Carolina · 81 beds · CMS certification number 340097
Hugh Chatham Memorial Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 4, 2026. 30 years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $30.0M in its first year on file (1996) to $111.6M in 2025.
- Its result from patient care: −$28.2M (2023), −$39.2M (2024), −$26.3M (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 1.8% of its inpatient days and Medicare for 17.6%.
- 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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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 |
|---|---|---|---|---|
| Hugh Chatham Memorial Hospital | 81 | $111,614,449 | $137,897,914 | −23.5% |
| Harris Regional Hospital, Sylva | 82 | $140,888,405 | $141,214,319 | −0.2% |
| 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% |
| Wilmington Treatment Center, Wilmington | 92 | $38,590,756 | $30,832,314 | 20.1% |
| Wilkes Regional Medical Center, North Wilkesboro | 77 | $129,642,232 | $137,280,969 | −5.9% |
Patients and payers
- Discharges
- 2,242S-3 line 14, col 15
- Inpatient days
- 8,942S-3 line 14, col 8
- Beds in use, on an average day
- 24.6days ÷ days in year
- Occupancy
- 30.3%days ÷ bed days
- Medicare share of days
- 17.6%S-3 cols 6 ÷ 8
- Medicaid share of days
- 1.8%S-3 cols 7 ÷ 8
Who owns it
- WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER100%
Related organizations on its own cost report: HUGH CHATHAM, hospital.
Other hospitals with the same owner: High Point Medical Center (NC), North Carolina Baptist Hospital (NC), Wilkes Regional Medical Center (NC), Lexington Medical Center (NC), Alleghany Memorial Hospital (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 340097. 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 March 4, 2026.