Psychiatric hospital · Goldsboro, North Carolina · 314 beds · CMS certification number 344026
Cherry Hospital State of North Carolina
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS November 25, 2025. Sixteen years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue fell from $6.6M in its first year on file (2010) to $4.7M in 2025.
- Its result from patient care: −$61.3M (2023), −$56.9M (2024), −$50.3M (2025).
- 3 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
- Medicaid paid for 12.0% of its inpatient days and Medicare for 2.0%.
Every statement is drawn from figures on this page; nothing is estimated.
Sixteen years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Hospitals of the same type (psychiatric hospital), nearest in size, from North Carolina first; each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Cherry Hospital State of North Carolina | 314 | $4,712,353 | $55,051,524 | −1068.2% |
| Broughton Hospital, Morganton | 382 | $88,472,313 | $185,998,481 | −110.2% |
| Holly Hill Hospital, Raleigh | 296 | $56,083,841 | $49,655,637 | 11.5% |
| Old Vineyard Behavioral Health Services, Winston Salem | 164 | $45,970,371 | $33,409,469 | 27.3% |
| Raleigh Oaks Behavioral Health, Leland | 116 | $24,516,904 | $26,796,515 | −9.3% |
| Carolina Dunes Behavioral Health, Leland | 108 | $18,646,302 | $20,875,806 | −12.0% |
Patients and payers
- Discharges
- 390S-3 line 14, col 15
- Inpatient days
- 53,508S-3 line 14, col 8
- Beds in use, on an average day
- 147.0days ÷ days in year
- Occupancy
- 46.7%days ÷ bed days
- Medicare share of days
- 2.0%S-3 cols 6 ÷ 8
- Medicaid share of days
- 12.0%S-3 cols 7 ÷ 8
Who owns it
Related organizations on its own cost report: DHHS (100%), state hospital.
Type of control on its cost report: governmental, state.
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 344026. 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 November 25, 2025.