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Critical access hospital · Siler City, North Carolina · 25 beds · CMS certification number 341311

Chatham 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. 24 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$60.2M
$60,173,363 · G-3 line 3
Operating expenses
$52.5M
$52,453,811 · G-3 line 4
Result from patient care
$7.7M
$7,719,552 · G-3 line 5
Margin on patient care
12.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.3M in its first year on file (2002) to $60.2M in 2025.
  • Its result from patient care: −$4.2M (2023), $669K (2024), $7.7M (2025).
  • 3 of the 5 critical access hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 6.3% of its inpatient days and Medicare for 20.2%.
  • UNIVERSITY OF NORTH CAROLINA HEALTH CARE SYSTEM holds 100% of it, on its Medicare enrollment.

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

24 years of filings

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

Net patient revenueOperating expenses
2002
settled
$4.3M
$4.5M
2003
reopened
$11.1M
$11.0M
2004
reopened
$11.3M
$12.0M
2005
reopened
$12.6M
$12.9M
2006
settled
$13.3M
$13.7M
2007
reopened
$15.2M
$15.4M
2008
settled
$16.3M
$17.9M
2009
settled
$15.2M
$15.8M
2010
settled with audit
$19.2M
$22.0M
2011
settled
$16.5M
$24.0M
2012
settled
$21.2M
$24.9M
2013
settled with audit
$23.0M
$26.2M
2014
settled
$25.7M
$29.2M
2015
settled
$29.2M
$30.5M
2016
settled
$30.1M
$32.2M
2017
settled
$31.1M
$32.6M
2018
settled
$33.4M
$35.1M
2019
settled
$33.3M
$36.2M
2020
settled
$33.5M
$37.2M
2021
settled
$39.6M
$42.2M
2022
settled
$42.4M
$44.7M
2023
settled
$42.9M
$47.1M
2024
as submitted
$50.3M
$49.7M
2025
as submitted
$60.2M
$52.5M

Beside its peers

Critical access hospitals in North Carolina with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Chatham Hospital25$60,173,363$52,453,81112.8%
Washington Regional Medical Center, Plymouth25$19,240,653$20,652,470−7.3%
ECU Health Chowan Hospital, Edenton25$89,729,491$68,733,84323.4%
Lifebrite Community Hospital of Stokes, Danbury25$12,417,954$13,777,147−10.9%
Novant Health Pender Medical Center, Burgaw25$48,359,864$40,318,21316.6%
MH Transylvania Regional Hospital, LLLP, Brevard25$58,518,338$52,179,93510.8%

Patients and payers

Discharges
1,156
S-3 line 14, col 15
Inpatient days
4,628
S-3 line 14, col 8
Beds in use, on an average day
12.7
days ÷ days in year
Occupancy
50.7%
days ÷ bed days
Medicare share of days
20.2%
S-3 cols 6 ÷ 8
Medicaid share of days
6.3%
S-3 cols 7 ÷ 8

Who owns it

  • UNIVERSITY OF NORTH CAROLINA HEALTH CARE SYSTEM100%

Related organizations on its own cost report: CHATHAM HOSPITAL, hospital.

Other hospitals with the same owner: UNC Health Wayne (NC), UNC Health Lenoir (NC), UNC Health Caldwell (NC), Onslow Memorial Hospital (NC), UNC Health Southeastern (NC), Watauga Medical Center (NC), UNC Rockingham Hospital (NC), UNC Hospitals (NC), UNC Health Blue Ridge (NC), UNC Health Johnston (NC), Rex Hospital, UNC Rex Hospital (NC), UNC Health Nash (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).

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by Chatham Hospital Inc (employer identification number 560611546) for tax year 2022. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$3,838,670IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$3,583,946IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$3,583,946IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$254,724IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0762IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202401139349301140. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by Chatham Hospital Inc (employer identification number 560611546) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
ALLISON BOLINDIRECTOR OF BUSINESS OPERATIONOfficer$126,209$0$27,060
AMIR AGHAJANIAN MDDIRECTORTrustee/director$16,730$0$0
ANDREW HANNAPELDirector/CMOTrustee/director, Officer$0$0$0
ANGELYNN MCCLARYDIRECTOR/CHAIRMANTrustee/director, Officer$0$0$0
ANNE SCHWANKLDIRECTORTrustee/director$0$0$0
CODY DEEN MDDIRECTORTrustee/director$0$0$0
DAVID POEDIRECTORTrustee/director$0$0$0
DENNIS STREETSDIRECTORTrustee/director$0$0$0
DERRICK MANGUMDIRECTORTrustee/director$0$0$0
DONNA SESSOMSDIRECTOR OF SURGICAL SERVICESHighest-compensated employee$143,624$0$44,836
ERIC WOLAKCOO & CNOOfficer$0$223,901$22,283
ETTA FOUSHEEDIRECTORTrustee/director$0$0$0
FRANKLIN GOMEZ-FLORESDIRECTORTrustee/director$0$0$0
JAMI MANNDIR. OF VIRTUAL CARE SVCSHighest-compensated employee$178,455$0$31,822
JEFF LEGAYFORMER CFOFormer$0$287,674$26,995
JEFF STRICKLERPRESIDENT & CEOTrustee/director, Officer$0$342,959$112,744
JENNIFER PLATTDIRECTORTrustee/director$0$0$0
MARK HALLDIRECTOR/VICE CHAIRMANTrustee/director, Officer$0$0$0
MATTHEW SMITHDIRECTORTrustee/director$0$321,774$64,980
MEGHAN MCCANNDIRECTORTrustee/director$0$76,838$45,210
MICHAEL BUNCHCFOOfficer$0$414,781$96,968
MICHELLE JONESNURSING ADMINISTRATORHighest-compensated employee$126,696$0$25,074
MISTY DRAKEDIRECTORTrustee/director$0$0$0
PAUL CUADROSDIRECTORTrustee/director$0$0$0
RACHEL BREWERADMIN COORDINATOR/NURSINGHighest-compensated employee$122,729$0$14,975
SCOTT RATCLIFFDIRECTOR OF IMAGING SERVICESHighest-compensated employee$128,594$0$25,099
TAMMY NEEDHAMFORMER COO & CNOFormer$245,620$0$15,457
UDOBI CAMPBELLDIRECTORTrustee/director$0$279,087$86,773
WOODWARD BURGERT III MDDIRECTORTrustee/director$0$270,577$25,512

E-file object id 202401139349301140. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 341311. 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 HOSP10FY2024.ZIP, read December 4, 2025.