# Shenandoah Valley Medical Systems, Inc.

Health Center, WV
Page: https://astrelis.co/providers/health_center/511844  
This twin: https://astrelis.co/providers/health_center/511844.md  
CMS Certification Number (CCN): 511844  
Release: 2321a4fc37a7 (2026-10-22)

## Headline figures (fiscal years on file: 2019 to 2025)

- **Total patients (UDS) (FY2024):** 29,835. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total visits (all service types) (FY2024):** 99,923. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 15. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 11.8%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2025):** -66.1%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $18.2M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** -12.9%. 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

### Shenandoah Medical System, Inc., WV

Match to this profile: matched by name (method: name and state).

- FY ending 2025-03-31 (audit year 2025): each statement foots, not linked; audit as filed https://app.fac.gov/dissemination/summary/2025-03-GSAFAC-0000386519
- FY ending 2024-03-31 (audit year 2024): each statement foots, not linked; audit as filed https://app.fac.gov/dissemination/summary/2024-03-GSAFAC-0000055868
- FY ending 2023-03-31 (audit year 2023): each statement foots, not linked; audit as filed https://app.fac.gov/dissemination/summary/2023-03-GSAFAC-0000009283

| Line | FY ending 2025-03-31 | FY ending 2024-03-31 | FY ending 2023-03-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 6,520,628 [derived, p.6] | 5,500,164 [derived, p.6] | 5,770,123 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 345,025 [derived, p.6] | 3,057,082 [derived, p.6] | 370,615 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 4,131,454 [derived, p.6] | 4,150,181 [derived, p.6] | 334,015 [derived, p.6] |
| other current assets (Statement of financial position) | 3,705,926 [derived, p.6] | 2,406,648 [derived, p.6] | 3,498,343 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 14,703,033 [extracted, p.6] | 15,114,075 [extracted, p.6] | 9,973,096 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 8,567,106 [derived, p.6] | 8,974,782 [derived, p.6] | 9,109,675 [derived, p.6] |
| other long-term assets (Statement of financial position) | 2,522,774 [derived, p.6] | 1,115,929 [derived, p.6] | 1,855,555 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 25,792,913 [extracted, p.6] | 25,204,786 [extracted, p.6] | 20,938,326 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 2,480,925 [derived, p.7] | 2,224,535 [derived, p.7] | 2,127,984 [derived, p.7] |
| deferred revenue (Statement of financial position) | 991,309 [derived, p.7] | 801,172 [derived, p.7] | 861,621 [derived, p.7] |
| current debt and leases (Statement of financial position) | 837,290 [derived, p.7] | 633,537 [derived, p.7] | 813,326 [derived, p.7] |
| other current liabilities (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 4,309,524 [extracted, p.7] | 3,659,244 [extracted, p.7] | 3,802,931 [extracted, p.7] |
| long-term debt and leases (Statement of financial position) | 6,360,096 [derived, p.7] | 5,466,238 [derived, p.7] | 6,322,552 [derived, p.7] |
| other long-term liabilities (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL LIABILITIES (Statement of financial position) | 10,669,620 [extracted, p.7] | 9,125,482 [extracted, p.7] | 10,125,483 [extracted, p.7] |
| net assets without donor restrictions (Statement of financial position) | 15,123,293 [derived, p.7] | 16,079,304 [derived, p.7] | 10,812,843 [derived, p.7] |
| net assets with donor restrictions (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL NET ASSETS (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| patient service revenue, net (Statement of activities) | 18,197,777 [derived, p.8] | 19,965,414 [derived, p.8] | 19,135,881 [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) | 6,865,301 [derived, p.8] | 7,104,516 [derived, p.8] | 10,326,877 [derived, p.8] |
| other grants and contracts (Statement of activities) | 194,422 [derived, p.8] | 92,202 [derived, p.8] | 102,345 [derived, p.8] |
| contributions (Statement of activities) | 323,119 [derived, p.8] | 261,000 [derived, p.8] | 247,001 [derived, p.8] |
| other revenue (Statement of activities) | 5,549,546 [derived, p.8] | 5,302,359 [derived, p.8] | 4,747,529 [derived, p.8] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 31,130,165 [extracted, p.8] | 32,725,491 [extracted, p.8] | 34,559,633 [extracted, p.8] |
| salaries and benefits (Statement of activities) | 21,342,781 [derived, p.8] | 21,423,097 [derived, p.8] | 24,485,707 [derived, p.8] |
| supplies and pharmaceuticals (Statement of activities) | 1,273,687 [derived, p.8] | 1,331,670 [derived, p.8] | 1,140,029 [derived, p.8] |
| purchased and professional services (Statement of activities) | 2,217,665 [derived, p.8] | 2,505,737 [derived, p.8] | 2,328,491 [derived, p.8] |
| occupancy (Statement of activities) | 871,756 [derived, p.8] | 846,265 [derived, p.8] | 845,295 [derived, p.8] |
| depreciation and amortization (Statement of activities) | 635,116 [derived, p.8] | 654,081 [derived, p.8] | 570,221 [derived, p.8] |
| interest (Statement of activities) | 199,444 [derived, p.8] | 212,230 [derived, p.8] | 224,043 [derived, p.8] |
| other expenses (Statement of activities) | 5,545,727 [derived, p.8] | 4,243,358 [derived, p.8] | 5,006,479 [derived, p.8] |
| TOTAL EXPENSES (Statement of activities) | 32,086,176 [extracted, p.8] | 31,216,438 [extracted, p.8] | 34,600,265 [extracted, p.8] |
| OPERATING RESULT (Statement of activities) | -956,011 [extracted, p.8] | 1,509,053 [extracted, p.8] | absent (not printed, or not read) |
| non-operating and other changes (Statement of activities) | absent (not printed, or not read) | 3,757,408 [derived, p.8] | absent (not printed, or not read) |
| CHANGE IN NET ASSETS (Statement of activities) | -956,011 [extracted, p.8] | 5,266,461 [extracted, p.8] | -40,632 [extracted, p.8] |
| net assets, beginning (Statement of activities) | 16,079,304 [extracted, p.8] | 10,812,843 [extracted, p.8] | 10,853,475 [extracted, p.8] |
| net assets, end (Statement of activities) | 15,123,293 [extracted, p.8] | 16,079,304 [extracted, p.8] | 10,812,843 [extracted, p.8] |

| Ratio | FY ending 2025-03-31 | FY ending 2024-03-31 | FY ending 2023-03-31 |
|---|---:|---:|---:|
| Days cash on hand | 76 days [plausible] | 66 days [plausible] | 62 days [plausible] |
| Current ratio | 3.41x [plausible] | 4.13x [plausible] | 2.62x [plausible] |
| Operating margin | -3.1% [plausible] | 4.6% [plausible] | absent [not computed] |
| Total margin | -3.1% [plausible] | 16.1% [plausible] | -0.1% [plausible] |
| Patient revenue share | 58.5% [plausible] | 61.0% [plausible] | 55.4% [plausible] |
| Grant dependency | 22.7% [plausible] | 22.0% [plausible] | 30.2% [plausible] |
| Salaries share | 66.5% [plausible] | 68.6% [plausible] | 70.8% [plausible] |
| Days in patient receivables | 7 days [plausible] | 56 days [plausible] | 7 days [plausible] |
| Debt to net assets | absent [not computed] | absent [not computed] | absent [not computed] |
| Health center award share | absent [not computed] | absent [not computed] | absent [not computed] |

## Sources

HRSA Uniform Data System (awardee level; organization match Probable). CMS HCRIS cost reports, form CMS-224-14, as filed (the Medicare cost-report appendix). Federal Audit Clearinghouse single audits as filed (Shenandoah Medical System, Inc.; FAC-11 template snapshot, SRC-FAC-001); the organization match is matched by name.

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

## Cite this page

Astrelis Atlas, "Shenandoah Valley Medical Systems, Inc.", https://astrelis.co/providers/health_center/511844, 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.