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Short-term acute care hospital · Asheboro, North Carolina · 145 beds · CMS certification number 340123

Randolph Health

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

Net patient revenue
$103.7M
$103,745,838 · G-3 line 3
Operating expenses
$129.2M
$129,159,422 · G-3 line 4
Result from patient care
−$25.4M
−$25,413,584 · G-3 line 5
Margin on patient care
−24.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $35.0M in its first year on file (1996) to $103.7M in 2025.
  • Its result from patient care: −$2.5M (2023), −$13.5M (2024), −$25.4M (2025).
  • None of the 5 short-term acute care hospital peers below with a margin on file reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 1.5% of its inpatient days and Medicare for 14.0%.
  • AMERICAN HEALTHCARE SYSTEMS CORP INC 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.

Net patient revenueOperating expenses
1996
reopened
$35.0M
$31.3M
1997
reopened
$44.9M
$34.0M
1998
reopened
$39.9M
$38.0M
1999
reopened
$45.7M
$43.0M
2000
settled
$60.4M
$58.9M
2001
reopened
$67.2M
$66.5M
2002
reopened
$71.4M
$73.9M
2003
reopened
$62.6M
$62.3M
2004
reopened
$68.1M
$66.4M
2005
reopened
$72.6M
$70.2M
2006
reopened
$78.0M
$77.0M
2007
settled
$84.2M
$83.1M
2008
reopened
$90.5M
$89.3M
2009
reopened
$105.4M
$104.4M
2010
reopened
$101.9M
$103.1M
2011
reopened
$101.4M
$101.8M
2012
reopened
$94.7M
$109.4M
2013
reopened
$93.0M
$110.0M
2014
settled
$98.5M
$108.2M
2015
settled
$98.7M
$109.9M
2016
settled
$97.4M
$111.7M
2017
settled
$90.9M
$113.5M
2018
settled
$99.9M
$109.6M
2019
settled
$102.0M
$104.4M
2020
settled
$86.3M
$106.1M
2021
settled
$81.3M
$114.0M
2022
settled
$119.6M
$108.0M
2023
as submitted
$108.5M
$111.0M
2024
as submitted
$107.6M
$121.1M
2025
as submitted
$103.7M
$129.2M

Beside its peers

Short-term acute care hospitals in North Carolina with 100 to 199 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Randolph Health145$103,745,838$129,159,422−24.5%
Atrium Health University City, Charlotte150$440,753,955$278,952,12636.7%
UNC Health Caldwell, Lenoir137$205,381,534$189,869,7597.5%
Columbus County Hospital, Whiteville154$163,353,559$134,101,83617.9%
Presbyterian Hospital Huntersville, Huntersville135$332,829,995$223,480,44032.9%
Novant Health Matthews Medical Center, Matthews153$332,145,539$289,958,67912.7%

Patients and payers

Discharges
5,300
S-3 line 14, col 15
Inpatient days
16,463
S-3 line 14, col 8
Beds in use, on an average day
45.2
days ÷ days in year
Occupancy
31.1%
days ÷ bed days
Medicare share of days
14.0%
S-3 cols 6 ÷ 8
Medicaid share of days
1.5%
S-3 cols 7 ÷ 8

Who owns it

  • AMERICAN HEALTHCARE SYSTEMS CORP INC100%

Indirect owner: MIKE M SARIAN

Other hospitals with the same owner: Vista Medical Center East (IL), Gateway Regional Medical Center (IL), Ahs Sherman Medical Center (TX).

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 340123. 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.