New River Valley Surgery Center

General Info

Our General Information includes locations, prices, facility size and other information to get you started comparing facilities.
Address:
2901 Lamb Circle
Christiansburg, VA 24073
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  (540) 639-5888

Administrator:
Melissa French
Administrative Director
Tax Status: Proprietary

Teaching Status: None

NOTE: In December 2016, New River Valley Hospital acquired the New River Valley Surgery Center. The surgery center continues to maintain their own management team.

Facility Comments: AAAHC accredited multi-specialty Surgery Center

Hospital Stays


For Fiscal year 1/1/2016 - 12/31/2016
Full Time Equivalents21
Number Of Cases2,275
Number Of Surgical Procedures2,628
Number Of Non-Surgical Procedures735
Number Of Operating Rooms3

Updated on: 1/19/2018

Efficiency Indicators

For Fiscal Year 1/1/2016 - 12/31/2016

Charges

Indicator Description Value
The average full patient charge, based on charge schedules, per case. The desired direction is toward a lower value.
(lower is better)
5,246.12
The average dollar amount expected to be collected per case. The desired direction is toward a lower value.
(lower is better)
1,375.77
The average full patient charge, based on charge schedules, per procedure. The desired direction is toward a lower value.
(lower is better)
3,548.89
The average dollar amount expected to be collected per procedure. The desired direction is toward a lower value.
(lower is better)
930.68

Costs

Indicator Description Value
The average total operating cost per case. The desired direction is toward a lower value.
(lower is better)
1,556.73
The average total operating cost per procedure. The desired direction is toward a lower value.
(lower is better)
1,053.10
The average personnel expense per case. The desired direction is toward a lower value.
(lower is better)
559.85
The average supply, maintenance and non-personnel expense per case. The desired direction is toward a lower value.
(lower is better)
794.82
The average physical facility costs (e.g., capital expenses related to the acquisition of permanent assets, the related financing costs and the related capital tax expenses) per case. The desired direction is toward a lower value.
(lower is better)
130.49
The amount of profit or loss before tax expense per case. The desired direction is toward a higher value.
(higher is better)
-178.59
The average personnel expense per procedure. The desired direction is toward a lower value.
(lower is better)
378.72
The average supply, maintenance and non-personnel expense per procedure. The desired direction is toward a lower value.
(lower is better)
537.68
The average physical facility costs (e.g., expenses for depreciation, amortization, interest, insurance and taxes as related to the acquisition of permanent assets) per procedure. The desired direction is toward a lower value.
(lower is better)
88.27
The amount of profit or loss before tax expense per procedure. The desired direction is toward a higher value.
(lower is better)
-120.81

Productivity/Utilization

Indicator Description Value
The average number of cases performed per employee or agency personnel. The desired direction is toward a higher value.
(higher is better)
108.33
The average number of procedures performed per employee or agency personnel. The desired direction is toward a higher value.
(higher is better)
160.14
Expressed as a percentage, it is the total number of hours the operating room was used to perform procedures in relation to the total available operating room hours. The desired direction is toward a higher value.
(higher is better)
17.12

Financial Viability

Indicator Description Value
Expressed as a percentage, the profit or loss after tax expense that the facility generates in relation to its expenses. The desired direction is toward a higher value.
(higher is better)
-12.96
Expressed as a percentage, the facility's ability to generate cash on its financial resources (for example, investments, receivables, inventory, physical plant, etc.) The desired direction is toward a higher value.
(higher is better)
-0.66
A measure of the facility's ability to generate cash to cover its long-term debt. The desired direction is toward a higher value.
(higher is better)
0.16
The percentage of asset value financed by long-term debt. The desired direction is toward a lower value.
(lower is better)
0.27

Community Support

Indicator Description Value
Expressed as a percentage, it is the amount of charity care (converted to a cost basis,) bad debt and taxes the facility incurred in relation to its total expenses. The desired direction is toward a higher value.
(higher is better)
4.70
Expressed as a percentage, it is the amount of patient days for patients enrolled in the Medicaid program in relation to total patient days. The number of patient days has been adjusted to account for outpatient service revenue. The desired direction is toward a higher value.
(higher is better)
5.07

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Updated on: 11/20/2017

Financial Information

For Fiscal Year 1/1/2016 - 12/31/2016
Why is this important?
Hospital financial information was originally intended to benefit of large employers and purchasers of care.
However, consumers should know that financially healthy hospitals may be better able to provide charity care and invest in infrastructure, and technology. Rankings on financial measures are found within the Efficiency tab.

Revenue

  • Gross patient revenue $11,934,933
  • Contractual allowance $8,539,582
  • Charity care $265,483
  • Net patient revenue $3,129,868
  • Other operating revenue $5,419

Expense

  • Labor$1,273,648
  • Non-labor$1,808,213
  • Capital$296,864
  • Taxes$56,115
  • Bad-debt$106,729
  • Total expense($406,282)
  • .
  • Operating income($406,282)
  • Net non-operating gains (loss)$0
  • Revenue and gains
    in excess of expenses and losses($406,282)

Balance Sheet

  • Current assets$492,654
  • Net fixed assets$2,590,548
  • Other assets$0
  • Total assets$3,083,202
  • .
  • Current liabilities
  • Long term liabilities$696,039
  • Total liabilities$1,702,840
  • Net worth$1,380,362
Click here for more information on operating and total margins.

Updated on: 11/20/2017

2016 Outpatient Tests and Surgery Report

Tests and Surgery Sub Group Number of Cases Performed in 2016 Cases Median Charge Statewide Median Charge
Breast Surgery REPAIR/RECONSTRUCTION/COSMETIC PXS too few to calculate too few to calculate $1,723
Hernia Repair CHILDREN too few to calculate too few to calculate $3,279
Breast Surgery THERAPEUTIC too few to calculate too few to calculate $3,531
Colonoscopy DIAGNOSTIC 48 $1,384 $1,384
Colonoscopy THERAPEUTIC 111 $2,768 $3,644
Other Gynecological Procedures REMOVAL ADHESIONS too few to calculate too few to calculate $6,662
Gallbladder Removal CHOLECYSTECTOMY 76 $8,574 $8,246
Hernia Repair OTHER 18 $5,450 $7,447
Hernia Repair UNSPECIFIED AGE 28 $5,450 $7,447
Knee Surgery (Arthroscopy) Knee Surgery (Arthroscopy) 187 $4,380 $11,414
Facial Surgery EYES ONLY 16 $6,296 $4,800
Other Gynecological Procedures BIRTH CONTROL too few to calculate too few to calculate $5,050
Other Gynecological Procedures D&C/REMOVAL FIBROIDS 45 $9,051 $6,834

Updated on: 1/16/2018