A hospital in Lexington, NC. It ran an operating surplus of 16.8% in FY24 on $165.4M of operating revenue. It held 0 days of cash on hand (0th percentile among Urban PPS hospitals on liquidity). Only a single comparable reporting year is available, so trend context is limited.
Operating margin · FY24
+16.8%
vs Urban PPS hospitals85th pctl of 2,562 (FY24)
Days cash on hand · FY24
0d
all sources
vs Urban PPS hospitals0th pctl of 2,354 (FY24)
Total operating revenue · FY24
$165.4M
vs Urban PPS hospitals35th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+17.0%
vs Urban PPS hospitals81st pctl of 2,563 (FY24)
Benchmarked within its own FY24 pool (n=2,562); the Urban PPS hospital cohort's current year is FY25.
One point of operating margin at LEXINGTON MEMORIAL HOSPITAL INC is about $1.7M per year (1% of FY24 total operating revenue).
Where LEXINGTON MEMORIAL HOSPITAL sits among Urban PPS hospitals
Operating margin · FY24 pool · n = 2,562 of 2,681 filed
Each point is one Urban PPS hospital in the national distribution for this provider type, placed by operating margin. Facilities are not matched on size, case mix, or market — that is the matched-peer comparison in the paid benchmark. The Urban PPS hospital median is +2.0%. Descriptive context only, not a ranking.
Benchmarked within its own FY24 pool (n=2,562); the Urban PPS hospital cohort's current year is FY25.
One urban pps hospitalLEXINGTON MEMORIALUrban PPS hospital median
The money
$ thousands · HCRIS cost-report basis · as filed, QA-gated
Ratios tell you how this hospital is doing. Statements tell you what kind of organization it is, and where the money comes from. Every figure below traces to a public cost-report filing, shown as filed. A ratio renders only when every input is reported in the filing; a year missing its core lines is not shown; a year whose balance sheet does not reconcile is labeled. Not audited by Astrelis.
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY22
FY23
FY24
Patient revenue
138,294
150,392
162,079
Other operating revenue
3,683
3,356
3,349
Total operating revenue
141,977
153,748
165,428
Total operating expenses
128,811
136,365
137,708
Operating income
13,166
17,383
27,720
Operating margin %
+9.3%
+11.3%
+16.8%
Investment income
0
0
(2)
Other non-operating, net
639
413
421
Net income
13,805
17,796
28,139
Net income %
+9.7%
+11.5%
+17.0%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
A 54-bed hospital at 61% occupancy 78% of patient revenue is outpatient.
The metrics this hospital type is judged on: care quality, patient experience, and scale. Each is labeled by evidence class and public source; descriptive context only, never a ranking or adequacy claim.
Scale and flow
Occupancy
61.0%
Verified fact2024
HCRIS WS S-3
Average daily census
33.01
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
54
Verified fact2024
HCRIS WS S-3
Annual discharges
3,884
Verified fact2024
HCRIS WS S-3
Average length of stay
3.1d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
77.6%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
573.60
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
20.2%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$7.1M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.312
No Different than National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.1%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.88
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.945818
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 4 reporting years
Operating margin
Days cash on hand
The county this hospital serves
DAVIDSON County, NC · metro, 250K–1M
Median household income
$62.4K
vs $82.1K US · $59.7K rural median
Poverty rate
13.8%
vs 12.5% US · 14.3% rural median
Uninsured
10.4%
vs 8.6% US · 8.4% rural median
Age 65+
18.6%
vs 16.8% US · 20.6% rural median
Fair or poor health
19.4%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 9.5% of county personal income is Medicare/Medicaid medical benefits; 24.6% arrives as government transfers (BEA, 2022).
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