# Piedmont Health Services, Inc.

Health Center, NC
Page: https://astrelis.co/providers/health_center/341813  
This twin: https://astrelis.co/providers/health_center/341813.md  
CMS Certification Number (CCN): 341813  
Release: 2321a4fc37a7 (2026-10-22)

## Headline figures (fiscal years on file: 2019 to 2024)

- **Total patients (UDS) (FY2024):** 47,917. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total visits (all service types) (FY2024):** 160,919. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 18. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 43.7%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2024):** -13.3%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2024):** $78.8M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2024):** +6.2%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center

## Audited financial statements (Federal Audit Clearinghouse)

Read from the FAC-11 template of the audited statements: every line, every ratio and every status column print as the template carries them, and no figure is withheld. A report's tie status says whether its statements foot; a ratio's plausibility status says whether it sits inside its possible range; a median of fewer than five values says so. The figures were not audited by Astrelis. Contract: https://astrelis.co/methodology/fqhc-audit-contract

### PIEDMONT HEALTH SERVICES INC, NC

Match to this profile: identifier verified: the EIN the dataset carries for this CCN agrees with the filed EIN (method: exact name and state (FACLAND tier 1)).

- FY ending 2025-12-31 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-12-GSAFAC-0000417839
- FY ending 2024-12-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-12-GSAFAC-0000366205
- FY ending 2023-12-31 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-12-GSAFAC-0000040241

| Line | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 29,685,497 [derived, p.6] | 24,160,926 [derived, p.6] | 22,908,020 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 6,089,970 [derived, p.6] | 6,532,058 [derived, p.6] | 8,957,086 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 3,120,216 [derived, p.6] | 2,615,597 [derived, p.6] | 1,642,481 [derived, p.6] |
| other current assets (Statement of financial position) | 2,180,600 [derived, p.6] | 950,030 [derived, p.6] | 1,223,476 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 41,076,283 [extracted, p.6] | 34,258,611 [extracted, p.6] | 34,731,063 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 8,690,594 [derived, p.6] | 9,551,646 [derived, p.6] | 10,035,222 [derived, p.6] |
| other long-term assets (Statement of financial position) | 14,633,601 [derived, p.6] | 18,417,791 [derived, p.6] | 9,360,054 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 64,400,478 [extracted, p.6] | 62,228,048 [extracted, p.6] | 54,126,339 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 7,284,322 [derived, p.7] | 8,157,578 [derived, p.7] | 8,606,783 [derived, p.7] |
| deferred revenue (Statement of financial position) | 25,771 [derived, p.7] | 48,916 [derived, p.7] | 14,504 [derived, p.7] |
| current debt and leases (Statement of financial position) | 1,397,594 [derived, p.7] | 1,624,743 [derived, p.7] | 1,444,921 [derived, p.7] |
| other current liabilities (Statement of financial position) | 2,561,388 [derived, p.7] | 7,256,383 [derived, p.7] | 419,623 [derived, p.7] |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 11,269,075 [extracted, p.7] | 17,087,620 [extracted, p.7] | 10,485,831 [extracted, p.7] |
| long-term debt and leases (Statement of financial position) | 5,468,433 [derived, p.7] | 6,131,566 [derived, p.7] | 5,675,738 [derived, p.7] |
| other long-term liabilities (Statement of financial position) | 1,925,348 [derived, p.7] | 1,767,290 [derived, p.7] | 1,484,652 [derived, p.7] |
| TOTAL LIABILITIES (Statement of financial position) | 18,662,856 [extracted, p.7] | 24,986,476 [extracted, p.7] | 17,646,221 [extracted, p.7] |
| net assets without donor restrictions (Statement of financial position) | 45,483,679 [derived, p.7] | 36,987,629 [derived, p.7] | 35,845,675 [derived, p.7] |
| net assets with donor restrictions (Statement of financial position) | 253,943 [derived, p.7] | 253,943 [derived, p.7] | 634,443 [derived, p.7] |
| TOTAL NET ASSETS (Statement of financial position) | 45,737,622 [extracted, p.7] | 37,241,572 [extracted, p.7] | 36,480,118 [extracted, p.7] |
| patient service revenue, net (Statement of activities) | 87,127,463 [derived, p.8] | 78,823,638 [derived, p.8] | 63,482,261 [derived, p.8] |
| pharmacy and 340B revenue (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| federal grants (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| other grants and contracts (Statement of activities) | 14,535,784 [derived, p.8] | 13,347,672 [derived, p.8] | 16,474,845 [derived, p.8] |
| contributions (Statement of activities) | 32,224 [derived, p.8] | 79,027 [derived, p.8] | 53,155 [derived, p.8] |
| other revenue (Statement of activities) | 1,264,839 [derived, p.8] | 946,406 [derived, p.8] | 752,013 [derived, p.8] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 102,960,310 [extracted, p.8] | 93,196,743 [extracted, p.8] | 80,762,274 [extracted, p.8] |
| salaries and benefits (Statement of activities) | 54,881,488 [derived, p.8] | 52,711,299 [derived, p.8] | 48,464,154 [derived, p.8] |
| supplies and pharmaceuticals (Statement of activities) | 22,340,296 [derived, p.8] | 18,797,841 [derived, p.8] | 16,715,884 [derived, p.8] |
| purchased and professional services (Statement of activities) | 16,145,524 [derived, p.8] | 14,860,119 [derived, p.8] | 12,331,687 [derived, p.8] |
| occupancy (Statement of activities) | 909,546 [derived, p.8] | 1,608,114 [derived, p.8] | 928,988 [derived, p.8] |
| depreciation and amortization (Statement of activities) | 2,060,997 [derived, p.8] | 1,076,295 [derived, p.8] | 1,781,165 [derived, p.8] |
| interest (Statement of activities) | 250,368 [derived, p.8] | 282,721 [derived, p.8] | 220,544 [derived, p.8] |
| other expenses (Statement of activities) | absent (not printed, or not read) | -11,924 [derived, p.8] | -1,582 [derived, p.8] |
| TOTAL EXPENSES (Statement of activities) | 96,588,219 [extracted, p.8] | 89,324,465 [extracted, p.8] | 80,440,840 [extracted, p.8] |
| OPERATING RESULT (Statement of activities) | 6,372,091 [extracted, p.8] | 3,872,278 [extracted, p.8] | 321,434 [extracted, p.8] |
| non-operating and other changes (Statement of activities) | 2,123,959 [derived, p.8] | 1,685,600 [derived] | 1,376,421 [derived] |
| CHANGE IN NET ASSETS (Statement of activities) | 8,496,050 [extracted, p.9] | 5,557,878 [extracted, p.9] | 1,697,855 [extracted, p.9] |
| net assets, beginning (Statement of activities) | 37,241,572 [extracted, p.9] | 31,683,694 [extracted, p.9] | 34,782,263 [extracted, p.9] |
| net assets, end (Statement of activities) | 45,737,622 [extracted, p.9] | 37,241,572 [extracted, p.9] | 36,480,118 [extracted, p.9] |

| Ratio | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| Days cash on hand | 115 days [plausible] | 100 days [plausible] | 106 days [plausible] |
| Current ratio | 3.65x [plausible] | 2.00x [plausible] | 3.31x [plausible] |
| Operating margin | 6.2% [plausible] | 4.2% [plausible] | 0.4% [plausible] |
| Total margin | 8.3% [plausible] | 6.0% [plausible] | 2.1% [plausible] |
| Patient revenue share | 84.6% [plausible] | 84.6% [plausible] | 78.6% [plausible] |
| Grant dependency | absent [not computed] | absent [not computed] | absent [not computed] |
| Salaries share | 56.8% [plausible] | 59.0% [plausible] | 60.2% [plausible] |
| Days in patient receivables | 26 days [plausible] | 30 days [plausible] | 51 days [plausible] |
| Debt to net assets | 0.15x [plausible] | 0.21x [plausible] | 0.20x [plausible] |
| Health center award share | absent [not computed] | absent [not computed] | absent [not computed] |

## Sources

HRSA Uniform Data System (awardee level; organization match Verified). CMS HCRIS cost reports, form CMS-224-14, as filed (the Medicare cost-report appendix). Federal Audit Clearinghouse single audits as filed (PIEDMONT HEALTH SERVICES INC; FAC-11 template snapshot, SRC-FAC-001).

Methodology: https://astrelis.co/methodology · Data sources: https://astrelis.co/data-sources · Data philosophy: https://astrelis.co/data-philosophy

## Cite this page

Astrelis Atlas, "Piedmont Health Services, Inc.", https://astrelis.co/providers/health_center/341813, release 2321a4fc37a7 (2026-10-22). Figures as filed in the named public sources; not audited by Astrelis.

Figures are as filed in the named public sources. Astrelis is not a CPA firm and performs no audit, review or attestation of any facility.