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Short-term acute care hospital · Gaffney, South Carolina · 30 beds · CMS certification number 420043

Cherokee Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 5, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$90.4M
$90,369,803 · G-3 line 3
Operating expenses
$72.2M
$72,224,155 · G-3 line 4
Result from patient care
$18.1M
$18,145,648 · G-3 line 5
Margin on patient care
20.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $26.8M in its first year on file (1996) to $90.4M in 2025.
  • Its result from patient care: $1.5M (2023), $11.6M (2024), $18.1M (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 3.6% of its inpatient days and Medicare for 26.4%.
  • SPARTANBURG REGIONAL HEALTH SERVICES DISTRICT INC holds 100% of it, on its Medicare enrollment.

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
settled
$26.8M
$22.4M
1997
reopened
$25.6M
$22.4M
1998
settled
$28.0M
$23.7M
1999
reopened
$28.9M
$23.3M
2000
reopened
$30.7M
$23.7M
2001
reopened
$36.3M
$28.0M
2002
reopened
$40.9M
$31.5M
2003
reopened
$40.3M
$30.1M
2004
reopened
$39.7M
$31.1M
2005
reopened
$42.7M
$31.8M
2006
settled
$41.8M
$33.1M
2007
settled
$39.4M
$33.0M
2008
settled with audit
$39.9M
$35.3M
2009
reopened
$45.3M
$39.6M
2010
reopened
$56.4M
$57.9M
2011
reopened
$40.5M
$48.9M
2012
reopened
$42.9M
$51.1M
2013
reopened
$47.5M
$51.2M
2014
reopened
$41.1M
$49.7M
2015
settled
$36.3M
$36.9M
2016
settled
$40.3M
$39.5M
2017
settled
$34.1M
$40.9M
2018
settled
$34.9M
$36.7M
2019
settled
$25.6M
$24.4M
2020
settled
$61.9M
$68.0M
2021
settled
$72.6M
$70.4M
2022
settled
$61.2M
$56.2M
2023
settled
$60.1M
$58.6M
2024
settled
$79.3M
$67.8M
2025
as submitted
$90.4M
$72.2M

Beside its peers

Short-term acute care hospitals in South Carolina with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Cherokee Medical Center30$90,369,803$72,224,15520.1%
Hampton Regional Medical Center, Varnville32$36,012,436$34,862,6693.2%
McLeod Health Cheraw, Cheraw31$72,569,208$62,453,93213.9%
MUSC Health Black River Medical Center, Cades25$31,830,006$36,262,819−13.9%
MUSC Health Chester Medical Center, Chester33$69,055,161$79,937,816−15.8%
MUSC Health Marion Medical Center, Mullins28$26,389,180$36,201,663−37.2%

Patients and payers

Discharges
1,497
S-3 line 14, col 15
Inpatient days
6,548
S-3 line 14, col 8
Beds in use, on an average day
18.0
days ÷ days in year
Occupancy
59.8%
days ÷ bed days
Medicare share of days
26.4%
S-3 cols 6 ÷ 8
Medicaid share of days
3.6%
S-3 cols 7 ÷ 8

Who owns it

  • SPARTANBURG REGIONAL HEALTH SERVICES DISTRICT INC100%

Related organizations on its own cost report: SRHS, hospital.

Other hospitals with the same owner: Spartanburg Medical Center (SC), Pelham Medical Center (SC), Union Medical Center (SC), Spartanburg Hospital for Restorative Care (SC).

Type of control on its cost report: governmental, hospital district.

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 420043. 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 HOSP10FY2025.ZIP, read March 5, 2026.