Centra Health, Inc.

General Info

Our General Information includes locations, prices, facility size and other information to get you started comparing facilities.
Address:
1920 Atherholt Road
Lynchburg, VA 24501
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Administrator:
Doug Davenport
CFO

EPICS Variation Comments: As previously communicated to VHI, Centra sold it's nursing homes and assisted living facility in Oct/Nov 2021. As instructed by VHI, information related to these facilities was added in either the "Other" column or "Other Product Lines". Also note the variance of $1,286,658 for Total Expenses amount on the reconciliation occurred b/c the EPICS filing for Centra reported loss on debt extinguishment as non-operating gain/loss while the Parent (sub-filing) categorizes this as capital related expense.

Updated on: 12/14/2023

Financial Information

For Fiscal Year 1/1/2021 - 12/31/2021
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 $1,194,842,731
  • Other operating revenue $149,104,950
  • Net assets released from restriction $2,715,222
  • Total operating revenue $1,346,662,903

Expense

  • Labor$661,352,439
  • Non-labor$497,798,398
  • Capital$68,191,029
  • Taxes$42,262,618
  • Total operating expense$1,269,604,484
  • .
  • Operating income$77,058,419
  • Net non-operating gains (loss)$94,413,563
  • Revenue and gains
    in excess of expenses and losses$171,471,982

Balance Sheet

  • Current assets$492,075,236
  • Net fixed assets$416,008,496
  • Other assets$1,010,851,009
  • Total assets$1,918,934,741
  • .
  • Current liabilities$338,179,549
  • Long term liabilities$588,874,527
  • Total liabilities$927,054,076
  • Total net assets$991,880,665
Click here for more information on operating and total margins.

Updated on: 05/18/2023

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
Alan B. Pearson Regional Cancer Center
1701 THOMSON DRIVE
Lynchburg Freestanding
Bedford Memorial Hospital 
1613 Oakwood Street
Bedford Acute Hospital
Centra Health 
1920 Atherholt Road
Lynchburg Acute Hospital
Centra Southside Community Hospital 
800 Oak Street
Farmville Acute Hospital
Centra Specialty Hospital 
3300 Rivermont Avenue
Lynchburg Sub-Acute Hospital
ED - Gretna Medical Center 
291 McBride Lane
Gretna Freestanding ED
Lynchburg General Hospital 
1901 Tate Springs Road
Lynchburg Acute Hospital
The Summit (C0095) 
1400 Enterprise Drive
Lynchburg Continuing Care Retirement Community
Virginia Baptist Hospital 
3300 Rivermont Avenue
Lynchburg Acute Hospital
Total Facilities: 9