VCU Health System

General Info

Our General Information includes locations, prices, facility size and other information to get you started comparing facilities.
Address:
1250 East Marshall Street
Richmond, VA 23298
Get Directions

  (804) 828-9000

Administrator:
Michael Roussos
President

EPICS Variation Comments: Hospital Financials/Location -
  • Revenue Gains in Excess - Treatment of intercompany transfers between hospitals mismatched (before and after Excess)
  • Total Assets and Total Liabilities - Treatment of offsetting Assets and Liabilities differ between Hospitals Financials and Parent NH/LTCU Financials/Location -
  • Total Assets, Total Liabilities and Net Assets Ending - VCU Community Memorial Hospital Balance Sheet included in both Hospital Financials/Locations and NH/LTCU Financials/Locations

  • Updated on: 12/14/2023

    Financial Information

    For Fiscal Year 7/1/2020 - 6/30/2021
    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 $2,504,517,877
    • Other operating revenue $127,491,793
    • Net assets released from restriction $0
    • Total operating revenue $2,632,009,670

    Expense

    • Labor$1,426,788,052
    • Non-labor$1,036,800,207
    • Capital$121,240,645
    • Taxes$697,890
    • Total operating expense$2,585,526,794
    • .
    • Operating income$46,482,876
    • Net non-operating gains (loss)$476,416,504
    • Revenue and gains
      in excess of expenses and losses$522,899,380

    Balance Sheet

    • Current assets$1,219,954,506
    • Net fixed assets$0
    • Other assets$3,611,004,363
    • Total assets$4,830,958,869
    • .
    • Current liabilities$860,935,249
    • Long term liabilities$821,697,376
    • Total liabilities$1,682,632,625
    • Total net assets$3,148,326,244
    Click here for more information on operating and total margins.

    Updated on: 05/18/2023

    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
    ED - MCV/VCU 
    2539 Pocahontas Trail
    Quinton Freestanding ED
    Massey Cancer Center
    1001 East Leigh Street
    Richmond Freestanding
    NOW Neuroscience, Orthopaedic and Wellness Center
    11958 W. Broad Street
    Henrico Freestanding
    VCU Community Memorial Hospital 
    1755 North Mecklenburg Avenue
    South Hill Acute Hospital
    VCU Health Children’s Services at Brook Road 
    2924 Brook Road
    Richmond Nursing Home
    VCU Health Neuroscience, Orthopedic and Wellness Center 
    11958 W Broad Street
    Henrico Ambulatory Surgical Hospital
    VCU Health Tappahannock Hospital 
    618 Hospital Road
    Tappahannock Acute Hospital
    VCU Massey Cancer Center at Hanover Medical Park
    8222 Meadowbridge Road
    Mechanicsville Freestanding
    VCU Massey Cancer Center at Stony Point
    9000 Stony Point Parkway
    Richmond Freestanding
    VCU Medical Center 
    1250 East Marshall Street
    Richmond Acute Hospital
    VCU-CMH Hundley Center 
    125 Buena Vista Circle, PO Box 90
    South Hill Hospital - Long Term Care Unit
    Total Facilities: 11