Centra Specialty Hospital

General Info

Our General Information includes locations, prices, facility size and other information to get you started comparing facilities.
Address:
3300 Rivermont Avenue
Lynchburg, VA 24503
Get Directions

  (434) 200-1791

Administrator:
Kelly Sheppard
Hospital President

For Consumer Inquiries:
Demietre Payne
Demietre.Payne@centrahealth.com


Medicare Provider Number: 492010

Parent Company: Centra Health, Inc.

Tax Status: Not-for-profit

Teaching Status: None

Facility Comments: Centra Specialty Hospital is a Long Term Acute Care Hospital owned by Centra Health.

Hospital Stays


For Fiscal year 1/1/2022 - 12/31/2022
Licensed beds36
Total Licensed beds36
Staffed beds28
CON approved levelNone
Patient days8,441
Admissions248
Full-time equivalents - Payroll74.8
Full-time equivalents - Contract5.2

Updated on: 12/14/2023

Efficiency Indicators

For Fiscal Year 1/1/2021 - 12/31/2021

Charges

Indicator Description Value
1 Gross Revenue Per Adjusted Admission: The average full patient charge based on charge schedules per adjusted admission. Admissions are adjusted for case mix and outpatient service revenue. The desired direction is toward a lower value.
(lower is better)
158,067.97
2 Net Revenue Per Adjusted Admission: The average dollar amount expected to be collected per adjusted admission. Admissions are adjusted for case mix and outpatient service revenue. The desired direction is toward a lower value.
(lower is better)
31,517.40

Costs

Indicator Description Value
3 Cost Per Adjusted Admission: The average total operating costs (adjusted by the wage index) per adjusted admission. Admissions are adjusted for case mix and outpatient service revenue. The desired direction is toward a lower value.
(lower is better)
32,457.92
4 Labor Cost Per Adjusted Admission: The average personnel expenses (adjusted by the wage index) per adjusted admission. Admissions are adjusted for case mix and outpatient service revenue. The desired direction is toward a lower value.
(lower is better)
20,131.42
5 Non-labor Cost Per Adjusted Admission: The average supply, maintenance and non-personnel expenses (adjusted by the wage index) per adjusted admission. Admissions are adjusted for case mix and outpatient service revenue. The desired direction is toward a lower value.
(lower is better)
11,973.97
6 Capital Cost Per Adjusted Admission: The average physical facility costs (e.g., expenses for depreciation, amortization, interest, insurance and taxes as related to the acquisition of permanent assets) per adjusted admission. Admissions are adjusted for case mix and outpatient service revenue. The desired direction is toward a lower value.
(lower is better)
352.53

Productivity/Utilization

Indicator Description Value
7 Full-time Equivalents Per Adjusted Occupied Bed: The number of staff, converted to the average number of employees who work full time, for each occupied bed. The number of occupied beds has been adjusted to account for outpatient service revenue and case mix. The desired direction is toward a lower value.
(lower is better)
2.05
8 Paid Hours Per Adjusted Admission: The average number of hours the hospital paid to employees or an agency, per adjusted admission. Admissions are adjusted for case mix and outpatient service revenue. The desired direction is toward a lower value.
(lower is better)
451.67
9 Staffed Beds Occupancy: Expressed as a percentage, the average utilization of the average number of beds, excluding long-term care beds and normal newborn bassinets, that are operational to receive patients during the reporting period. The desired direction is toward a higher value.
(higher is better)
82.68
10 Licensed Beds Occupancy: Expressed as a percentage, the average utilization of the number of licensed beds reported by the facility, as approved by the Virginia Department of Health. For hospitals, licensed beds exclude normal newborn bassinets, but include neonatal ICU bassinets. The desired direction is toward a higher value.
(higher is better)
64.31
11 Special Services Utilization: Expressed as a percentage, the average utilization of high capital-cost services that are subject to Certificate of Public Need (COPN) law. Special services include: ICU/CCU, obstetrics, neonatal ICU, MRI, CT, lithotripsy, cardiac catheterization, radiation therapy and cardiac surgery. The desired direction is toward a higher value.
(higher is better)
98.93
12 Case-mix Adjusted Average Length of Stay: The average number of days a patient stays in the hospital, adjusted for case mix using the current version of the 3M APR-DRGs. The desired direction is toward a lower value.
(lower is better)
24.57

Financial Viability

Indicator Description Value
13 Cash Debt Coverage: 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)
0.38
14 Total Margin: Total margin expresses the difference between total revenue and cost as a proportion of total revenue. The desired direction is towards a higher value.
(higher is better)
-2.93
15 Return on Assets: Expressed as a percentage, the facility's ability to generate cash on its financial resources (e.g., investments, receivables, inventory, physical plant, etc.) The desired direction is toward a higher value.
(higher is better)
1.95
16 Fixed Asset Financing Ratio: The percentage of asset value financed by long-term debt. The desired direction is toward a lower value.
(lower is better)
8.82

Community Support

Indicator Description Value
17 Charity Care, Bad Debt and Taxes: Expressed as a percentage, 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)
2.50
18 Medicaid Participation: 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)
8.97

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Updated on: 12/14/2023

Financial Information

For Fiscal Year 1/1/2022 - 12/31/2022
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 $48,716,727
  • Contractual allowance $37,182,575
  • Charity care $1,120,485
  • Bad Debt $48,651
  • Net patient revenue $10,365,016
  • Other operating revenue $11,152

Expense

  • Labor$8,103,374
  • Non-labor$3,009,871
  • Capital$156,267
  • Taxes$0
  • Total expense$11,269,512
  • .
  • Operating income($893,344)
  • Net non-operating gains (loss)$4,598,845
  • Revenue and gains
    in excess of expenses and losses$3,705,501

Balance Sheet

  • Current assets$3,034,735
  • Net fixed assets$562,917
  • Other assets$0
  • Total assets$3,597,652
  • .
  • Current liabilities$1,108,167
  • Long term liabilities$2,351,915
  • Total liabilities$3,460,082
  • Net worth$137,570
Click here for more information on operating and total margins.

Updated on: 12/14/2023