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Short-term acute care hospital · Hickory, North Carolina · 200 beds · CMS certification number 340143

Catawba Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 4, 2025. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$426.6M
$426,581,770 · G-3 line 3
Operating expenses
$367.0M
$367,006,488 · G-3 line 4
Result from patient care
$59.6M
$59,575,282 · G-3 line 5
Margin on patient care
14.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $70.1M in its first year on file (1997) to $426.6M in 2025.
  • Its result from patient care: $26.7M (2023), $23.8M (2024), $59.6M (2025).
  • 2 of the 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 17.5%.

Every statement is drawn from figures on this page; nothing is estimated.

29 years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1997
settled
$70.1M
$72.2M
1998
reopened
$85.9M
$87.0M
1999
settled
$90.7M
$92.2M
2000
settled
$93.5M
$97.3M
2001
reopened
$100.3M
$100.9M
2002
reopened
$105.0M
$108.0M
2003
reopened
$112.8M
$114.2M
2004
settled
$143.1M
$143.8M
2005
settled
$160.3M
$160.7M
2006
settled
$176.0M
$179.8M
2007
reopened
$195.3M
$195.0M
2008
reopened
$208.8M
$209.5M
2009
reopened
$220.7M
$221.4M
2010
reopened
$226.7M
$224.2M
2011
reopened
$232.1M
$227.4M
2012
reopened
$243.9M
$235.5M
2013
reopened
$231.4M
$230.0M
2014
reopened
$190.8M
$191.4M
2015
settled
$211.8M
$196.5M
2016
reopened
$233.1M
$219.0M
2017
settled
$245.5M
$234.6M
2018
settled
$253.6M
$244.9M
2019
settled with audit
$278.2M
$251.1M
2020
settled
$274.3M
$255.9M
2021
settled
$290.3M
$273.6M
2022
settled
$323.0M
$300.4M
2023
settled
$451.9M
$425.3M
2024
as submitted
$424.2M
$400.4M
2025
as submitted
$426.6M
$367.0M

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
Catawba Memorial Hospital200$426,581,770$367,006,48814.0%
Carolinaeast Medical Center, New Bern300$596,509,550$617,230,760−3.5%
Frye Regional Medical Center, Hickory226$352,272,533$360,874,704−2.4%
High Point Medical Center, High Point288$453,891,936$459,990,513−1.3%
Wakemed Cary Hospital, Cary237$456,133,431$388,323,68914.9%
UNC Health Wayne, Goldsboro245$349,235,572$278,025,00120.4%

Patients and payers

Discharges
9,100
S-3 line 14, col 15
Inpatient days
39,059
S-3 line 14, col 8
Beds in use, on an average day
107.3
days ÷ days in year
Occupancy
53.5%
days ÷ bed days
Medicare share of days
17.5%
S-3 cols 6 ÷ 8
Medicaid share of days
1.8%
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 340143. 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 December 4, 2025.