Chesapeake Regional Healthcare

General Info

Our General Information includes locations, prices, facility size and other information to get you started comparing facilities.
Address:
736 N Battlefield Blvd
Chesapeake, VA 23320
Get Directions

  (757) 312-8121

Administrator:
Steve McDonnell
Chief Financial Officer

Updated on: 12/1/2022

Financial Information

For Fiscal Year 7/1/2019 - 6/30/2020
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 $325,864,181
  • Other operating revenue $6,357,030
  • Net assets released from restriction $0
  • Total operating revenue $332,221,211

Expense

  • Labor$153,052,633
  • Non-labor$140,734,820
  • Capital$25,356,245
  • Taxes$0
  • Total operating expense$319,143,698
  • .
  • Operating income$13,077,513
  • Net non-operating gains (loss)$7,416,911
  • Revenue and gains
    in excess of expenses and losses$20,494,424

Balance Sheet

  • Current assets$140,532,751
  • Net fixed assets$97,417,394
  • Other assets$153,696,203
  • Total assets$391,646,348
  • .
  • Current liabilities$85,532,614
  • Long term liabilities$130,688,784
  • Total liabilities$216,221,398
  • Total net assets$175,424,950
Click here for more information on operating and total margins.

Updated on: 06/28/2022

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
Chesapeake Regional Imaging - Kempsville
171 Kempsville Road
Norfolk Freestanding
Chesapeake Regional Medical Center 
736 Battlefield Boulevard North
Chesapeake Acute Hospital
Diagnostic Center of Chesapeake
844 Battlefield Boulevard North
Chesapeake Freestanding
First Meridian d/b/a MRI & CT Diagnostics - Virginia Beach
229 Clearfield Avenue
Virginia Beach Freestanding
First Meridian d/b/a MRI & CT Diagnostics -Chesapeake
1554 River Birch Run North
Chesapeake Freestanding
Total Facilities: 5