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Psychiatric hospital · Erwin, North Carolina · 16 beds · CMS certification number 344029

Good Hope Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, settled, stamped by CMS July 14, 2026. Thirteen years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$2.5M
$2,468,079 · G-3 line 3
Operating expenses
$3.0M
$3,027,061 · G-3 line 4
Result from patient care
−$559K
−$558,982 · G-3 line 5
Margin on patient care
−22.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.9M in its first year on file (2014) to $2.5M in 2025.
  • Its result from patient care: −$1.4M (2023), $1.1M (2024), −$559K (2025).
  • 4 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.

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

Thirteen years of filings

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

Net patient revenueOperating expenses
2013
settled
not filed
not filed
2014
settled
$1.9M
$3.1M
2015
settled
$3.1M
$4.2M
2016
settled
$3.4M
$4.2M
2017
settled
$2.9M
$3.5M
2018
settled
$3.2M
$3.0M
2019
settled
$3.3M
$3.5M
2020
settled
$3.3M
$3.8M
2021
settled
$2.8M
$4.0M
2022
settled
$2.3M
$3.7M
2023
settled
$2.5M
$3.9M
2024
settled
$4.4M
$3.3M
2025
settled
$2.5M
$3.0M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from North Carolina first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Good Hope Hospital16$2,468,079$3,027,061−22.7%
Dorothea Dix Behavioral Health Center, Linville37$7,672,703$9,039,366−17.8%
Iredell Davis Behavioral Health Hospital, Statesville42$9,289,306$14,446,590−55.5%
JFK Adatc, Black Mountain80$42,032,829$34,697,91817.4%
Triangle Springs, Raleigh77$14,085,122$26,186,928−85.9%
Walter B Jones Center Lakeside Psychiatric Hospital, Greenville51$1,299,401$15,162,993−1066.9%

Patients and payers

Discharges
469
S-3 line 14, col 15
Inpatient days
4,972
S-3 line 14, col 8
Beds in use, on an average day
13.7
days ÷ days in year
Occupancy
85.1%
days ÷ bed days
Medicare share of days
4.5%
S-3 cols 6 ÷ 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 HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 344029. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read July 14, 2026.