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
Website: www.chkd.org

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

Parent/Subsidiary Filing


For Fiscal Year 7/1/2022 - 6/30/2023

Updated on: 07/16/2025

Financial Information

For Fiscal Year 7/1/2022 - 6/30/2023
Why is this important?
Parent hospital financial information was originally intended to benefit large employers and purchasers of care;
however, consumers should consider that financially healthy hospitals may be better able to provide charity care and invest in infrastructure and technology.

Revenue

  • Net patient service revenue $563,930,739
  • Other operating revenue $129,440,584
  • Net assets released from restriction $0
  • Total operating revenue $693,371,323

Expense

  • Labor$415,510,395
  • Non-labor$250,031,511
  • Capital$46,020,803
  • Taxes$1,665,298
  • Total operating expense$713,228,007
  • .
  • Operating income($19,856,684)
  • Net non-operating gains (loss)$81,211,180
  • Revenue and gains
    in excess of expenses and losses$61,354,496

Balance Sheet

  • Current assets$236,675,253
  • Net fixed assets$519,210,067
  • Other assets$684,843,352
  • Total assets$1,440,728,672
  • .
  • Current liabilities$82,158,272
  • Long term liabilities$358,993,363
  • Total liabilities$441,151,635
  • Total net assets$999,577,037
Click here for more information on operating and total margins.


EPICS Variation Comments: The difference in Revenue Gains in Excess reported for the hospital and ASCs is attributed to transfers, contributions to and from affiliates, net assets released for capital, and changes in restricted net assets. These totals were included in the parent

Updated on: 07/16/2025

Subsidiaries

The facilities included below submit Annual Historical Filings to VHI, inclusive of financial and utilization information.
Please note that this is not a comprehensive list of subsidiaries associated with each parent company.
Facility Name City Facility Type
Children's Hospital of The King's Daughters 
601 Children's Lane
Norfolk Children's Hospital
CHKD Health & Surgery Center (Newport News) 
11783 Rock Landing Drive
Newport News Ambulatory Surgical Hospital
CHKD Health & Surgery Center (Virginia Beach) 
2021 Concert Drive
Virginia Beach Ambulatory Surgical Hospital
Total Facilities: 3