Children's Health System, Inc.

General Info

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

Address:
601 Children's Lane
Norfolk, VA 23507
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(757) 668-7000

Administrator:
Amy Sampson
Chief Executive Officer

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Website: www.chkd.org

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 $557,677,330
Other operating revenue $99,912,661
Net assets released from restriction $0
Total operating revenue $657,589,991

Expense

Labor$361,845,077
Non-labor$222,647,992
Capital$35,724,867
Taxes$2,357,675
Total operating expense$622,575,611
.
Operating income$35,014,380
Net non-operating gains (loss)($9,814,887)
Revenue and gains
in excess of expenses and losses$25,199,493

Balance Sheet

Current assets$209,361,140
Net fixed assets$523,759,557
Other assets$617,128,120
Total assets$1,350,248,817
.
Current liabilities$75,970,891
Long term liabilities$336,055,384
Total liabilities$412,026,275
Total net assets$938,222,542

Click here for more information on operating and total margins.