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Short-term acute care hospital · Christiansburg, Virginia · 88 beds · CMS certification number 490042

Carilion New River Valley 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
$344.5M
$344,511,587 · G-3 line 3
Operating expenses
$299.9M
$299,863,870 · G-3 line 4
Result from patient care
$44.6M
$44,647,717 · G-3 line 5
Margin on patient care
13.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $41.3M in its first year on file (1996) to $344.5M in 2025.
  • Its result from patient care: $11.7M (2023), $28.0M (2024), $44.6M (2025).
  • 3 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 3.7% of its inpatient days and Medicare for 31.4%.

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
reopened
$41.3M
$40.1M
1997
settled
$43.1M
$46.0M
1998
reopened
$50.4M
$49.5M
1999
reopened
$55.3M
$57.1M
2000
settled
$64.0M
$64.7M
2001
reopened
$70.2M
$68.9M
2002
settled
$78.4M
$74.1M
2003
settled
$86.2M
$76.3M
2004
reopened
$101.2M
$84.6M
2005
reopened
$108.7M
$94.1M
2006
reopened
$122.8M
$111.9M
2007
reopened
$133.1M
$122.3M
2008
reopened
$137.7M
$135.1M
2009
reopened
$136.3M
$137.4M
2010
reopened
$133.0M
$129.8M
2011
reopened
$143.0M
$134.3M
2012
reopened
$154.6M
$138.1M
2013
reopened
$150.3M
$135.0M
2014
reopened
$165.5M
$141.7M
2015
settled
$176.7M
$150.3M
2016
settled with audit
$189.4M
$163.9M
2017
settled
$193.0M
$174.1M
2018
settled
$208.8M
$177.3M
2019
settled
$232.4M
$192.8M
2020
settled
$211.8M
$201.8M
2021
settled
$247.0M
$225.7M
2022
settled
$261.3M
$262.5M
2023
amended
$269.6M
$257.9M
2024
amended
$302.6M
$274.6M
2025
as submitted
$344.5M
$299.9M

Beside its peers

Short-term acute care hospitals in Virginia with 50 to 99 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Carilion New River Valley Medical Center88$344,511,587$299,863,87013.0%
Fauquier Health, Warrenton82$133,453,430$140,431,118−5.2%
Lewisgale Hospital Alleghany, Low Moor95$49,141,188$34,030,65030.8%
Southside Community Hospital, Farmville77$118,136,002$114,009,5903.5%
UVA Health Prince William Medical Center, Manassas92$237,843,969$256,930,212−8.0%
Wythe County Community Hospital, Wytheville92$80,671,663$75,630,2396.3%

Patients and payers

Discharges
7,254
S-3 line 14, col 15
Inpatient days
30,368
S-3 line 14, col 8
Beds in use, on an average day
83.4
days ÷ days in year
Occupancy
94.5%
days ÷ bed days
Medicare share of days
31.4%
S-3 cols 6 ÷ 8
Medicaid share of days
3.7%
S-3 cols 7 ÷ 8

Who owns it

Indirect owner: CARILION CLINIC

Related organizations on its own cost report: CARILION CLINIC (100%), healthcare.

Other hospitals with the same owner: Carilion Roanoke Memorial Hospital (VA), Carilion Franklin Memorial Hospital (VA), Carilion Tazewell Community Hospital (VA), Carilion Clinic (VA), Carilion Rockbridge Community Hospital (VA).

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).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 490042. 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.