Velarion Records

Short-term acute care hospital · Orangeburg, South Carolina · 251 beds · CMS certification number 420068

The Regional Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 28, 2023, settled, stamped by CMS September 25, 2026. 28 years on file, every one shown below.

Fiscal 2023 at a glance

Net patient revenue
$86.0M
$85,977,807 · G-3 line 3
Operating expenses
$99.6M
$99,561,537 · G-3 line 4
Result from patient care
−$13.6M
−$13,583,730 · G-3 line 5
Margin on patient care
−15.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $75.8M in its first year on file (1996) to $86.0M in 2023.
  • Its result from patient care: −$37.4M (2021), −$40.4M (2022), −$13.6M (2023).
  • None of the 5 short-term acute care hospital peers below with a margin on file reports a loss on patient care for fiscal year 2023.
  • Medicaid paid for 6.9% of its inpatient days and Medicare for 27.5%.

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

28 years of filings

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

Net patient revenueOperating expenses
1996
settled
$75.8M
$66.9M
1997
settled with audit
$80.5M
$72.2M
1998
reopened
$80.0M
$79.3M
1999
reopened
$82.7M
$85.3M
2000
reopened
$93.5M
$94.6M
2001
settled with audit
$90.0M
$104.0M
2002
reopened
$101.6M
$109.5M
2003
reopened
$108.2M
$124.7M
2004
reopened
$150.3M
$153.0M
2005
reopened
$150.4M
$151.3M
2006
reopened
$156.7M
$159.4M
2007
reopened
$187.0M
$188.1M
2008
reopened
$194.9M
$199.2M
2009
reopened
$205.1M
$205.5M
2010
reopened
$177.3M
$183.6M
2011
reopened
$184.6M
$184.0M
2012
reopened
$188.1M
$189.7M
2013
reopened
$197.4M
$197.1M
2014
settled
$210.9M
$218.0M
2015
settled with audit
$216.3M
$225.2M
2016
settled
$216.7M
$222.7M
2017
settled
$209.7M
$219.5M
2018
settled
$220.4M
$224.9M
2019
settled
$214.5M
$225.9M
2020
settled
$206.3M
$237.0M
2021
settled
$205.5M
$242.8M
2022
settled
$194.7M
$235.1M
2023
settled
$86.0M
$99.6M

Beside its peers

Short-term acute care hospitals in South Carolina with 200 to 399 beds, each on fiscal year 2023.

HospitalBedsNet patient revenueOperating expensesMargin
The Regional Medical Center251$85,977,807$99,561,537−15.8%
Aiken Regional Medical Centers, Aiken211$242,086,252$226,933,9816.3%
Prisma Health Baptist Hospital, Columbia231$277,946,820$255,737,6518.0%
Roper Hospital, Charleston266$439,235,004$419,305,6784.5%
Self Regional Healthcare, Greenwood290$437,940,650$417,153,6284.8%
St. Francis Hospital, Greenville327$691,361,356$657,416,3494.9%

Patients and payers

Discharges
2,169
S-3 line 14, col 15
Inpatient days
11,039
S-3 line 14, col 8
Beds in use, on an average day
73.6
days ÷ days in year
Occupancy
29.1%
days ÷ bed days
Medicare share of days
27.5%
S-3 cols 6 ÷ 8
Medicaid share of days
6.9%
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 HOSP10FY2023.ZIP, form CMS-2552-10, filed under CMS certification number 420068. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2023.ZIP, read September 25, 2026.