Inova Health System

General Info

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

Address:
8095 Innovation Park Drive
Falls Church, VA 22031
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(855) 694-6682

Administrator:
J. Stephen Jones, MD
President and CEO

EPICS Variation Comments: 1) Parent/Subsidiary filing includes Minority Interest on Income Statement that is not reported on the individual ASC filings 2) Credits (negative values) in Receivables from Related Parties (Current) on Balance Sheet on the individual hospital and/or ASC filings are reported in the corresponding Liabilities from Related Parties (Current) due to web portal limitations 3) For purposes of the Parent/Subsidiary filing, the FTEs and related financial information for the hospital-based imaging departments (HOPD) are reported under the Hospital category, as the financial data cannot be reported separately. The FTEs and related financial information for joint venture imaging centers (JV) are reported under the Freestanding Imaging with CON category.

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Website: www.inova.org

Updated on: 04/30/2024

Financial Information

For Fiscal Year 1/1/2022 - 12/31/2022
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 $4,974,809,557
Other operating revenue $244,691,621
Net assets released from restriction $30,988,316
Total operating revenue $5,250,489,494

Expense

Labor$2,778,858,612
Non-labor$1,758,190,414
Capital$403,684,578
Taxes$230,571,946
Total operating expense$5,171,305,550
.
Operating income$79,183,944
Net non-operating gains (loss)($1,002,320,879)
Revenue and gains
in excess of expenses and losses($923,136,935)

Balance Sheet

Current assets$1,699,187,223
Net fixed assets$2,803,233,183
Other assets$7,233,042,473
Total assets$11,735,462,879
.
Current liabilities$1,191,561,791
Long term liabilities$2,012,812,537
Total liabilities$3,204,374,328
Total net assets$8,531,088,551

Click here for more information on operating and total margins.