Velarion Records

Short-term acute care hospital · Galax, Virginia · 141 beds · CMS certification number 490115

Twin County Regional Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS February 25, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$71.0M
$70,985,906 · G-3 line 3
Operating expenses
$73.0M
$72,970,791 · G-3 line 4
Result from patient care
−$2.0M
−$1,984,885 · G-3 line 5
Margin on patient care
−2.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $30.7M in its first year on file (1996) to $71.0M in 2025.
  • Its result from patient care: −$2.5M (2023), $50K (2024), −$2.0M (2025).
  • 3 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.
  • Medicaid paid for 4.7% of its inpatient days and Medicare for 24.4%.
  • DLP TWIN COUNTY HOLDING COMPANY LLC 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
reopened
$30.7M
$30.3M
1997
settled
$32.3M
$31.4M
1998
settled
$33.3M
$33.9M
1999
reopened
$34.0M
$35.5M
2000
settled
$37.9M
$36.7M
2001
settled
$38.9M
$38.2M
2002
settled
$40.6M
$40.7M
2003
settled
$41.3M
$42.1M
2004
reopened
$40.7M
$41.4M
2005
reopened
$42.3M
$42.0M
2006
reopened
$43.3M
$43.5M
2007
reopened
$44.0M
$44.3M
2008
reopened
$44.9M
$46.0M
2009
reopened
$47.7M
$47.0M
2010
reopened
$44.0M
$46.4M
2011
reopened
$44.0M
$47.2M
2012
reopened
$23.8M
$26.3M
2013
reopened
$49.4M
$53.5M
2014
settled
$54.1M
$57.4M
2015
settled
$53.7M
$53.2M
2016
settled
$52.6M
$56.6M
2017
settled
$50.3M
$54.4M
2018
settled
$48.8M
$53.7M
2019
settled
$59.5M
$60.0M
2020
settled
$52.3M
$57.0M
2021
settled
$54.8M
$55.8M
2022
settled
$60.1M
$61.0M
2023
as submitted
$62.0M
$64.5M
2024
as submitted
$70.1M
$70.0M
2025
as submitted
$71.0M
$73.0M

Beside its peers

Short-term acute care hospitals in Virginia with 100 to 199 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Twin County Regional Hospital141$70,985,906$72,970,791−2.8%
Clinch Valley Medical Center, Richlands151$135,378,495$138,802,569−2.5%
Mary Immaculate Hospital, Newport News116$221,928,071$202,437,9578.8%
Martha Jefferson Hospital, Charlottesville153$415,392,572$426,881,850−2.8%
Sentara Northern Virginia Medical Center, Woodbridge147$341,408,347$345,659,014−1.3%
Sentara Williamsburg Regional Medical Center, Williamsburg129$245,695,079$226,583,8717.8%

Patients and payers

Discharges
1,620
S-3 line 14, col 15
Inpatient days
8,312
S-3 line 14, col 8
Beds in use, on an average day
22.8
days ÷ days in year
Occupancy
16.2%
days ÷ bed days
Medicare share of days
24.4%
S-3 cols 6 ÷ 8
Medicaid share of days
4.7%
S-3 cols 7 ÷ 8

Who owns it

  • DLP TWIN COUNTY HOLDING COMPANY LLC100%
  • DLP HEALTHCARE LLC80%
  • DLP PARTNER LLC78%
  • DSB ACQUISITION LLC78%
  • HISTORIC LIFEPOINT HOSPITALS LLC78%
  • LEGACY LIFEPOINT HEALTH LLC78%
  • LIFEPOINT HEALTH INC78%
  • LIFEPOINT HOLDINGS 2 LLC78%
  • LIFEPOINT HOSPITALS HOLDINGS LLC78%
  • TWIN COUNTY REGIONAL HEALTHCARE, INC20%

Related organizations on its own cost report: LIFEPOINT (100%), management; HPG (5%), purchasing.

Type of control on its cost report: proprietary, corporation.

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 490115. 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 February 25, 2026.