Hospital Authority of Norfolk

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
Get Directions

  (757) 461-5001

Administrator:
Thomas J. Orsini
President/CEO
Website: laketaylor.org

Updated on: 12/17/2021

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 $40,496,923
  • Other operating revenue $1,181,193
  • Net assets released from restriction $0
  • Total operating revenue $41,678,116

Expense

  • Labor$27,053,060
  • Non-labor$9,597,712
  • Capital$2,713,818
  • Taxes$1,457
  • Total operating expense$39,366,047
  • .
  • Operating income$2,312,069
  • Net non-operating gains (loss)$879,847
  • Revenue and gains
    in excess of expenses and losses$3,191,916

Balance Sheet

  • Current assets$52,676,226
  • Net fixed assets$19,708,744
  • Other assets$19,019,549
  • Total assets$91,404,519
  • .
  • Current liabilities$6,564,900
  • Long term liabilities$6,420,000
  • Total liabilities$12,984,900
  • Total net assets$78,419,619
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
Lake Taylor Hospital - LTCU 
1309 Kempsville Road
Norfolk Hospital - Long Term Care Unit
Lake Taylor Transitional Care Hospital 
1309 Kempsville Road
Norfolk Sub-Acute Hospital
Total Facilities: 2