Virginia Hospital Center

General Info

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

Address:
1701 N. George Mason Drive
Arlington, VA 22205
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(703) 558-5000

Administrator:
Derek Russell
VHC Director of Financial Planning & Analysis

EPICS Variation Comments: Comment on two exceptions: 1. ASC only began operations in Dec 2022; no charity care reported in FY22 2. Other Product Lines is primarily Real Estate; includes Community Service (Urgent Care) obligations of VHC in agreement with Commonwealth; Charity Care recorded under Physician Group

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Website: www.vhchealth.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 $679,513,113
Other operating revenue $26,901,272
Net assets released from restriction $1,823,307
Total operating revenue $708,237,692

Expense

Labor$414,840,683
Non-labor$249,808,997
Capital$42,680,883
Taxes$315,473
Total operating expense$707,646,036
.
Operating income$591,656
Net non-operating gains (loss)($148,009,574)
Revenue and gains
in excess of expenses and losses($147,417,918)

Balance Sheet

Current assets$1,077,634,564
Net fixed assets$522,528,350
Other assets$84,169,998
Total assets$1,684,332,912
.
Current liabilities$110,276,939
Long term liabilities$375,621,686
Total liabilities$485,898,625
Total net assets$1,198,434,287

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