Lake Taylor Transitional Care Hospital

General Info

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

Address:
1309 Kempsville Road
Norfolk, VA 23502
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(757) 461-5001

Administrator:
Thomas J. Orsini
President/CEO

Website: laketaylor.org

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Parent/Subsidiary Filing

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

Number of Reported Locations

Hospitals	1
Ambulatory Surgical Hospitals	0
Freestanding Imaging w/COPN	0
Non-Hospital Outpatient Centers	0
Physician Practices	0
Health Plans	0
Nursing Homes	1
Assisted Living Facilities	0
Other	0
Description of Other Locations	N/A

Employee Information

Contract Phys FTEs	0
Employed Phys FTEs	0
Other FTEs	427
Physican Employees	0
All other Employees	387

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 $51,439,716
Other operating revenue $3,295,974
Net assets released from restriction $0
Total operating revenue $54,735,690

Expense

Labor$30,317,866
Non-labor$11,134,215
Capital$2,490,910
Taxes$5,086
Total operating expense$43,948,077
.
Operating income$10,787,613
Net non-operating gains (loss)$199,884
Revenue and gains
in excess of expenses and losses$10,987,497

Balance Sheet

Current assets$67,846,214
Net fixed assets$17,944,269
Other assets$17,066,821
Total assets$102,857,304
.
Current liabilities$13,454,911
Long term liabilities$5,340,000
Total liabilities$18,794,911
Total net assets$84,062,393

Click here for more information on operating and total margins.

EPICS Variation Comments: The Balance Sheet figures report through EPICS are consolidated figures including both the Hospital and the Foundation. The Balance Sheet figures report through the Parent Subsidiary filing only include the Hospital figures.