Hospital Authority of Norfolk

General Info

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

For Fiscal Year 7/1/2018 - 6/30/2019
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 $40,525,153
  • Other operating revenue $529,312
  • Net assets released from restriction $0
  • Total operating revenue $41,054,465

Expense

  • Labor$27,249,143
  • Non-labor$9,630,030
  • Capital$2,498,471
  • Taxes$4,021
  • Total operating expense$39,381,665
  • .
  • Operating income$1,672,800
  • Net non-operating gains (loss)$374,175
  • Revenue and gains
    in excess of expenses and losses$2,046,975

Balance Sheet

  • Current assets$49,394,375
  • Other assets$39,476,161
  • Total assets$88,870,536
  • .
  • Current liabilities$6,587,390
  • Long term liabilities$6,780,000
  • Total liabilities$13,367,390
  • Total net assets$75,503,146
Click here for more information on operating and total margins.

Updated on: 11/1/2021

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