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Short-term acute care hospital · New Bern, North Carolina · 300 beds · CMS certification number 340131

Carolinaeast Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS September 29, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$596.5M
$596,509,550 · G-3 line 3
Operating expenses
$617.2M
$617,230,760 · G-3 line 4
Result from patient care
−$20.7M
−$20,721,210 · G-3 line 5
Margin on patient care
−3.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $119.1M in its first year on file (1996) to $596.5M in 2025.
  • Its result from patient care: −$35.4M (2023), −$23.3M (2024), −$20.7M (2025).
  • 2 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 15.4% of its inpatient days and Medicare for 34.0%.

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
reopened
$119.1M
$93.5M
1997
reopened
$121.2M
$103.6M
1998
reopened
$131.2M
$108.7M
1999
reopened
$132.8M
$115.2M
2000
reopened
$143.7M
$124.0M
2001
reopened
$147.7M
$134.1M
2002
reopened
$161.6M
$145.6M
2003
settled
$172.6M
$158.4M
2004
settled
$187.5M
$167.4M
2005
settled
$199.1M
$175.9M
2006
reopened
$220.5M
$191.8M
2007
reopened
$232.7M
$201.8M
2008
reopened
$243.6M
$213.4M
2009
settled with audit
$242.4M
$209.8M
2010
settled
$269.9M
$234.9M
2011
settled
$305.9M
$265.8M
2012
settled with audit
$284.2M
$280.3M
2013
settled
$295.9M
$295.1M
2014
settled
$301.8M
$299.8M
2015
settled
$320.6M
$316.8M
2016
settled
$345.4M
$343.6M
2017
settled
$363.1M
$360.5M
2018
settled
$405.8M
$402.3M
2019
reopened
$420.2M
$421.2M
2020
settled
$417.8M
$431.7M
2021
settled
$467.4M
$475.2M
2022
settled
$365.1M
$375.8M
2023
as submitted
$510.6M
$546.1M
2024
amended
$574.1M
$597.4M
2025
as submitted
$596.5M
$617.2M

Beside its peers

Short-term acute care hospitals in North Carolina with 200 to 399 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Carolinaeast Medical Center300$596,509,550$617,230,760−3.5%
Atrium Health Cleveland, Shelby308$429,249,235$316,280,55826.3%
Duke Regional Hospital, Durham301$540,516,550$558,695,776−3.4%
High Point Medical Center, High Point288$453,891,936$459,990,513−1.3%
UNC Health Nash, Rocky Mount322$370,286,001$329,629,32611.0%
UNC Health Wayne, Goldsboro245$349,235,572$278,025,00120.4%

Patients and payers

Discharges
12,722
S-3 line 14, col 15
Inpatient days
67,508
S-3 line 14, col 8
Beds in use, on an average day
185.5
days ÷ days in year
Occupancy
61.7%
days ÷ bed days
Medicare share of days
34.0%
S-3 cols 6 ÷ 8
Medicaid share of days
15.4%
S-3 cols 7 ÷ 8

Who owns it

Type of control on its cost report: governmental, county.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 340131. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read September 29, 2026.