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CHKD Health & Surgery Center (Virginia Beach)

General Info

Our General Information includes locations, prices, facility size and other information to get you started comparing facilities.
Address:
2021 Concert Drive
Virginia Beach, VA 23456
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  (757) 668-7439
Administrator:
Amy Sampson
amy.sampson@chkd.org
For Consumer Inquiries:
Dr. Foley
Christopher.Foley@CHKD.org
  (757) 668-8271

Parent Company: Children's Health System, Inc.

Tax Status: Not-for-profit

Teaching Status: None

NOTE: EPICS data available in November 2012.

Facility Comments: Please send any survey information or questions to Terrie.Pyeatt@CHKD.ORG

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Website: www.chkd.org

Hospital Stays


For Fiscal year 7/1/2021 - 6/30/2022
Full Time Equivalents21.4
Number Of Cases1,998
Number Of Surgical Procedures2,802
Number Of Non-Surgical Procedures0
Number Of Operating Rooms3
Updated on: 12/14/2023

Efficiency Indicators

For Fiscal Year 7/1/2021 - 6/30/2022

Charges

Indicator Description Value
1 Gross Patient Revenue Per Case: The average full patient charge, based on charge schedules, per case. The desired direction is toward a lower value.
(lower is better) 		16,878.05
2 Net Patient Revenue Per Case: The average dollar amount expected to be collected per case. The desired direction is toward a lower value.
(lower is better) 		5,463.49
3 Gross Patient Revenue Per Procedure: The average full patient charge, based on charge schedules, per procedure. The desired direction is toward a lower value.
(lower is better) 		12,035.10
4 Net Patient Revenue Per Procedure: The average dollar amount expected to be collected per procedure. The desired direction is toward a lower value.
(lower is better) 		3,895.81

Costs

Indicator Description Value
5 Cost Per Case: The average total operating cost per case. The desired direction is toward a lower value.
(lower is better) 		2,105.74
6 Cost Per Procedure: The average total operating cost per procedure. The desired direction is toward a lower value.
(lower is better) 		1,501.53
7 Labor Cost Per Case: The average personnel expense per case. The desired direction is toward a lower value.
(lower is better) 		1,029.33
8 Non-labor Cost Per Case: The average supply, maintenance and non-personnel expense per case. The desired direction is toward a lower value.
(lower is better) 		882.34
9 Capital Cost Per Case: 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) 		194.07
10 Operating Income Per Case: The amount of profit or loss before tax expense per case. The desired direction is toward a higher value.
(higher is better) 		3,357.76
11 Labor Cost Per Procedure: The average personnel expense per procedure. The desired direction is toward a lower value.
(lower is better) 		733.98
12 Non-labor Cost Per Procedure: The average supply, maintenance and non-personnel expense per procedure. The desired direction is toward a lower value.
(lower is better) 		629.16
13 Capital Cost Per Procedure: 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) 		138.39
14 Operating Income Per Procedure: The amount of profit or loss before tax expense per procedure. The desired direction is toward a higher value.
(lower is better) 		2,394.29

Productivity/Utilization

Indicator Description Value
15 Cases Per Full-Time Equivalent: The average number of cases performed per employee or agency personnel. The desired direction is toward a higher value.
(higher is better) 		93.36
16 Procedures Per Full-Time Equivalent: The average number of procedures performed per employee or agency personnel. The desired direction is toward a higher value.
(higher is better) 		130.93
17 Operating Room Utilization: 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) 		22.44

Financial Viability

Indicator Description Value
18 Total Margin: 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) 		61.46
19 Return on Assets: 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) 		3.18
20 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) 		1.56
21 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) 		0.26

Community Support

Indicator Description Value
22 Charity Care, Bad Debt and Taxes: 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) 		2.48
23 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) 		30.78

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Updated on: 12/14/2023

Financial Information

For Fiscal Year 7/1/2021 - 6/30/2022
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 $33,722,353
  • Contractual allowance $21,968,977
  • Charity care $299,700
  • Bad Debt $537,628
  • Net patient revenue $10,916,048
  • Other operating revenue $26

Expense

  • Labor$2,056,610
  • Non-labor$1,762,906
  • Capital$387,759
  • Taxes$0
  • Total expense$4,207,275
  • .
  • Operating income$6,708,799
  • Net non-operating gains (loss)$0
  • Revenue and gains
    in excess of expenses and losses$6,708,799

Balance Sheet

  • Current assets$2,120,942
  • Net fixed assets$5,591,463
  • Other assets$0
  • Total assets$7,712,405
  • .
  • Current liabilities$302,757
  • Long term liabilities$1,455,238
  • Total liabilities$1,757,995
  • Net worth$5,954,410
Updated on: 12/14/2023

2021 Outpatient Tests and Surgery Report

This facility does not perform outpatient test and surgery

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Updated on: 6/13/2023