Velarion Records

Short-term acute care hospital · Petersburg, Virginia · 4 beds · CMS certification number 490104

Hiram W Davis Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, settled, stamped by CMS January 9, 2026. 27 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$18.7M
$18,723,274 · G-3 line 3
Operating expenses
$133.4M
$133,415,921 · G-3 line 4
Result from patient care
−$114.7M
−$114,692,647 · G-3 line 5
Margin on patient care
−612.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $54.1M in its first year on file (1999) to $18.7M in 2025.
  • Its result from patient care: −$102.3M (2023), −$114.6M (2024), −$114.7M (2025).
  • 2 of the 5 short-term acute care 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.

27 years of filings

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

Net patient revenueOperating expenses
1999
reopened
$54.1M
$115.8M
2000
settled
$64.4M
$124.8M
2001
settled
$69.8M
$137.1M
2002
settled
$80.1M
$128.6M
2003
settled
$57.1M
$143.1M
2004
settled
$62.4M
$144.5M
2005
settled
$65.5M
$156.5M
2006
reopened
$74.5M
$154.1M
2007
settled
$74.3M
$149.8M
2008
settled
$73.5M
$148.8M
2009
reopened
$79.2M
$157.2M
2010
reopened
$67.9M
$132.3M
2011
settled
$74.4M
$131.2M
2012
settled
$82.6M
$136.4M
2013
settled
$67.7M
$132.3M
2014
settled
$40.3M
$128.9M
2015
settled
$18.3M
$79.3M
2016
settled
$15.7M
$100.4M
2017
settled
$18.2M
$83.7M
2018
settled
$20.3M
$90.6M
2019
settled
$18.4M
$96.2M
2020
settled
$20.0M
$102.9M
2021
settled
$18.8M
$104.3M
2022
settled
$20.9M
$98.0M
2023
settled
$17.2M
$119.4M
2024
settled
$20.3M
$134.9M
2025
settled
$18.7M
$133.4M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Virginia first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Hiram W Davis Medical Center4$18,723,274$133,415,921−612.6%
Bedford Memorial Hospital, Bedford33$52,280,436$49,966,3354.4%
Carilion Tazewell Community Hospital, Tazewell23$24,209,387$28,076,136−16.0%
Bon Secours Harbour View Medical Center, Suffolk18$24,946,181$27,006,129−8.3%
Smyth County Community Hospital, Marion17$50,490,790$49,679,0041.6%
N/A, Front Royal36$119,993,493$110,894,7247.6%

Patients and payers

Discharges
10
S-3 line 14, col 15
Inpatient days
819
S-3 line 14, col 8
Beds in use, on an average day
2.3
days ÷ days in year
Occupancy
56.1%
days ÷ bed days
Medicare share of days
22.5%
S-3 cols 6 ÷ 8

Who owns it

Related organizations on its own cost report: DEPT BHDS (100%), mental health; DEPT BHDS (100%), mental health.

Type of control on its cost report: governmental, state.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 490104. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read January 9, 2026.