Hospital · Short-term acute hospital
Who owns Lexington Memorial Hospital Inc?
250 Hospital Drive Po Box 1817 · Lexington, NC · 27293
Overview
Lexington Memorial Hospital Inc is a short-term acute hospital in Lexington, North Carolina, operated by Lexington Medical Center. Davidson County has 2 hospitals, 6 nursing homes and 8 urgent care centers.
Ownership
Lexington Memorial Hospital Inc is operated by Lexington Medical Center, part of Advocate Health.
- Operator
- Lexington Medical Center
- Owner group
- Advocate Health
- Ownership type
- Private Nonprofit
- Sources
Ownership history
Every dated change of operator and owner for Lexington Memorial Hospital Inc, with the source for each.
Full ownership tree of Advocate Health
Every entity between this facility and its ultimate owner, with ownership percentages and dates.
Finances
From the hospital's Medicare cost report, fiscal year ending 2024.
| Net patient revenue | $162.1M |
| Operating expenses | $137.7M |
| Net income | $28.1M |
| Net income as a share of net patient revenue | 17.4% |
| Uncompensated care cost | $5.8M |
| Charity care cost | $2.7M |
| Medicaid net revenue | $21.9M |
| Medicare disproportionate share percentage | 9.0% |
Payer mix by inpatient days (2024)
- Commercial and other 79.1%
- Medicare 16.5%
- Medicaid 4.3%
Services
Top inpatient services, Medicare (2024)
| Service | Discharges | Average total payment |
|---|---|---|
| Septicemia or severe sepsis without MV >96 hours with MCC · 871 | 94 | $14K |
| Heart failure and shock with MCC · 291 | 62 | $10K |
| Respiratory infections and inflammations with MCC · 177 | 21 | $12K |
| Simple pneumonia and pleurisy with MCC · 193 | 18 | $10K |
| Renal failure with CC · 683 | 16 | $8K |
Top outpatient services, Medicare (2024)
| Service | Services |
|---|---|
| Comprehensive Observation Services · 8011 | 110 |
| Level 5 Musculoskeletal Procedures · 5115 | 88 |
| Level 4 Urology and Related Services · 5374 | 59 |
| Level 1 Nerve Procedures · 5431 | 53 |
| Level 5 Urology and Related Services · 5375 | 44 |
Medicare fee-for-service only. Small counts are suppressed by CMS.
Location and market
- Address
- 250 Hospital Drive Po Box 1817 · Lexington, NC · 27293
- County
- Davidson County
- State
- North Carolina
Nearby hospitals
| Name | City | Distance |
|---|---|---|
| Novant Health Thomasville Medical Center | Thomasville | 11.3 mi |
| Novant Health Rowan Medical Center | Salisbury | 13.3 mi |
| W.G. (Bill) Hefner Salisbury Va Medical Center (Salsbury) | Salisbury | 14.1 mi |
| Davie Medical Center | Bermuda Run | 16.9 mi |
| Novant Health Rehabilitation Hospital | Winston-Salem | 17.1 mi |
| Novant Health Forsyth Medical Center | Winston-Salem | 18.6 mi |
Sources and identifiers
- Operator: CMS Hospital Enrollments and All Owners (PECOS): hospital ownership graph · CMS record
- Finances and payer mix: CMS hospital cost reports (HCRIS), fiscal year 2024
- Services: CMS Medicare inpatient and outpatient utilization
- Ownership type and beds: CMS Provider of Services file
- Location: CMS and Census Bureau geography
- CMS certification number
- 340096
- NPI
- 1417958331
- Last confirmed
- 2026-10-23
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