Velarion Records

Short-term acute care hospital · Bedford, Virginia · 33 beds · CMS certification number 490088

Bedford Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS May 14, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$52.3M
$52,280,436 · G-3 line 3
Operating expenses
$50.0M
$49,966,335 · G-3 line 4
Result from patient care
$2.3M
$2,314,101 · G-3 line 5
Margin on patient care
4.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $16.0M in its first year on file (1996) to $52.3M in 2025.
  • Its result from patient care: $6.6M (2023), $4.0M (2024), $2.3M (2025).
  • 4 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 0.8% of its inpatient days and Medicare for 40.6%.
  • BEDFORD MEMORIAL HOSPITAL 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
$16.0M
$16.4M
1997
settled with audit
$16.7M
$17.7M
1998
settled
$17.1M
$18.2M
1999
settled
$17.2M
$18.8M
2000
settled
$18.5M
$19.2M
2001
reopened
$21.5M
$20.9M
2002
reopened
$22.5M
$22.1M
2003
settled
$23.2M
$22.5M
2004
reopened
$25.7M
$24.3M
2005
reopened
$27.2M
$26.5M
2006
reopened
$28.7M
$28.7M
2007
reopened
$29.6M
$31.1M
2008
reopened
$31.9M
$32.7M
2009
reopened
$34.7M
$34.3M
2010
reopened
$34.2M
$35.8M
2011
reopened
$32.9M
$33.6M
2012
reopened
$35.1M
$35.5M
2013
reopened
$31.2M
$32.7M
2014
settled
$28.0M
$31.2M
2015
settled
$30.5M
−$1.4M
2016
settled
$36.5M
$36.5M
2017
reopened
$39.7M
$43.7M
2018
reopened
$44.9M
$49.0M
2019
reopened
$49.2M
$48.0M
2020
settled
$38.1M
$41.8M
2021
settled
$48.2M
$35.9M
2022
settled
$47.8M
$44.8M
2023
as submitted
$51.5M
$44.9M
2024
as submitted
$52.1M
$48.1M
2025
as submitted
$52.3M
$50.0M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Bedford Memorial Hospital33$52,280,436$49,966,3354.4%
Bon Secours Southern Virginia Medical Center, Emporia39$31,917,536$32,452,182−1.7%
Carilion Franklin Memorial Hospital, Rocky Mount37$104,024,248$79,864,03723.2%
Riverside Doctors Hospital of Williamsburg, Williamsburg40$105,273,271$82,949,23121.2%
VCU Health Tappahannock Hospital, Tappahannock37$74,414,301$70,607,0135.1%
N/A, Front Royal36$119,993,493$110,894,7247.6%

Patients and payers

Discharges
1,369
S-3 line 14, col 15
Inpatient days
4,064
S-3 line 14, col 8
Beds in use, on an average day
11.2
days ÷ days in year
Occupancy
33.7%
days ÷ bed days
Medicare share of days
40.6%
S-3 cols 6 ÷ 8
Medicaid share of days
0.8%
S-3 cols 7 ÷ 8

Who owns it

  • BEDFORD MEMORIAL HOSPITAL100%

Related organizations on its own cost report: CENTRA HEALTH (100%), healthcare.

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).

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Virginia

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 490088. 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 May 14, 2026.