Chesapeake Regional Healthcare

General Info

Our General Information includes locations, prices, facility size and other information to get you started comparing facilities.

Address:
736 N Battlefield Blvd
Chesapeake, VA 23320
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(757) 312-8121

Administrator:
Steve McDonnell
Chief Financial Officer

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Website: www.chesapeakeregional.com

Updated on: 04/30/2024

Financial Information

For Fiscal Year 7/1/2021 - 6/30/2022
Why is this important?

Parent 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.

Revenue

Net patient service revenue $360,965,484
Other operating revenue $5,458,418
Net assets released from restriction $0
Total operating revenue $366,423,902

Expense

Labor$155,899,450
Non-labor$176,940,267
Capital$23,491,371
Taxes$0
Total operating expense$356,331,088
.
Operating income$10,092,814
Net non-operating gains (loss)$5,444,126
Revenue and gains
in excess of expenses and losses$15,536,940

Balance Sheet

Current assets$123,722,460
Net fixed assets$170,658,967
Other assets$130,018,008
Total assets$424,399,435
.
Current liabilities$74,558,342
Long term liabilities$121,628,907
Total liabilities$196,187,249
Total net assets$228,212,186

Click here for more information on operating and total margins.