Short-term acute care hospital · Raleigh, North Carolina · 485 beds · CMS certification number 340114
Rex Hospital, UNC Rex Hospital
Latest filing: fiscal year ended June 30, 2025, amended, stamped by CMS September 25, 2026. 30 years on file, all shown below.
Enrolled with Medicare by Rex Hospital.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $157.7M in its first year on file (1996) to $1.8B in 2025.
- From fiscal year 2024 to fiscal year 2025 its net patient revenue rose 12.6%.
- Its result from patient care: −$11.8M (2023), −$7.6M (2024), $97.2M (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 1.8% of its inpatient days and Medicare for 23.0%.
- THE NEW TRUSTEES OF THE REX HOSPITAL INC holds 100% of it, on its Medicare enrollment.
- In its fiscal 2025 filing, its $1.8B net patient revenue sits at the 50th percentile of 16 hospitals in NC, same facility class, 400 and over beds.
30 years of filings
1996 settled margin −13.4% $157.7M $178.8M
1997 settled margin 1.5% $197.8M $194.9M
1998 settled margin −2.3% $229.0M $234.2M
1999 settled margin 1.5% $252.2M $248.5M
2000 settled margin −2.6% $286.5M $293.8M
2001 reopened margin 50.4% $304.9M $151.1M
2002 settled margin 3.2% $325.2M $314.9M
2003 settled not filed $298.7M
2004 settled margin 8.8% $362.7M $330.9M
2005 reopened margin 5.4% $365.0M $345.4M
2006 reopened margin 7.2% $411.5M $381.8M
2007 settled with audit margin 8.7% $452.6M $413.2M
2008 reopened margin −0.4% $453.4M $455.4M
2009 reopened margin 0.5% $495.0M $492.6M
2010 reopened margin 3.1% $552.6M $535.2M
2011 reopened margin 4.7% $608.3M $579.8M
2012 reopened margin 4.3% $693.5M $663.9M
2013 reopened margin 2.2% $701.7M $686.1M
2014 reopened margin −3.2% $712.5M $735.3M
2015 reopened margin −3.6% $813.7M $843.0M
2016 reopened margin 3.4% $904.6M $873.8M
2017 reopened margin 4.0% $986.6M $947.1M
2018 reopened margin 1.9% $1.1B $1.0B
2019 settled with audit margin −0.2% $1.1B $1.1B
2020 settled margin −2.8% $1.1B $1.1B
2021 settled margin −2.2% $1.2B $1.2B
2022 settled margin −3.2% $1.3B $1.4B
2023 amended margin −0.8% $1.5B $1.5B
2024 amended margin −0.5% $1.6B $1.6B
2025 amended margin 5.4% $1.8B $1.7B
Beside its peers
Short-term acute care hospitals in North Carolina with 400 and over beds, fiscal year 2025.
Hospital Beds Net patient revenue Operating expenses Margin
Rex Hospital, UNC Rex Hospital 485 $1,813,043,000 $1,715,822,000 5.4%
Atrium Health Cabarrus, Concord 447 $1,089,554,007 $798,966,245 26.7%
Caromont Regional Medical Center, Gastonia 468 $822,685,423 $749,618,309 8.9%
Novant Health New Hanover Regional Medical Center, Wilmington 752 $2,389,539,012 $2,148,049,178 10.1%
Novant Health Presbyterian Medical Center, Charlotte 537 $2,413,299,816 $2,095,658,565 13.2%
Wakemed Raleigh Campus, Raleigh 721 $1,569,204,496 $1,484,303,306 5.4%
Patients and payers
- Discharges 32,037 S-3 line 14, col 15
- Inpatient days 166,045 S-3 line 14, col 8
- Beds in use, on an average day 456.2 days ÷ days in year
- Occupancy 93.8% days ÷ bed days
- Medicare share of days 23.0% S-3 cols 6 ÷ 8
- Medicaid share of days 1.8% S-3 cols 7 ÷ 8
Who owns it
- THE NEW TRUSTEES OF THE REX HOSPITAL INC100%
Related organizations on its own cost report: UNC HOSPITALS, hospital; JOHNSTON, hospital; LENOIR MEMORIAL, hospital; UNC HEALTH, home office.
Control: governmental, other.
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More short-term acute care hospitals in North Carolina
File HOSP10FY2024.ZIP, form CMS-2552-10, CMS certification number 340114. Owners of 5% or more: CMS Hospital All Owners and Hospital Enrollments, Medicare enrollment October 1, 2026.
How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read September 25, 2026.
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