Hospitals and nursing homes decry and lobby against patient claims for medical malpractice. But Virginia Business’ 2013 “Big Book” shows 50 healthcare institution to be “big business” in Virginia – with at least a half-dozen healthcare systems and even stand-alones to have collected more than one billion dollars apiece from their patients back in 2011! Id. at 123-126.
The 900-pound gorilla of hospitals is Inova with combined patient net revenues of $1,650,425,809.00 based on 3 locations: $1,148,883,881.00 from Fairfax in Falls Church; $263,410,117.00 from Fair Oaks in Fairfax; and $238,131,811.00 from Loudoun in Leesburg. Weighing in at $1,072,063,368.00 is Bon Secours Health System based on 3 of its hospitals (not even counting Mary Immaculate in Newport News): $457,096,292.00 from St. Mary’s in Richmond; $310,769,214.00 from Maryview in Portsmouth; and $304,197,862.00 from Memorial in Mechanicsville. Third appears to be Sentara Health System, with patient revenue nets of $646,103,556.00 from Norfolk General in Norfolk, $271,248,011.00 from Virginia Beach in Virginia Beach, and unpublished amounts from its CarePlex in Hampton and its Community Hospital (now Regional Medical Center) in Williamsburg. A close fourth, if not third, is Carilion Health System, which collected patient revenues of $841,691,584.00 from its Medical Center in Roanoke alone.
Other substantial patient revenue stand-alones are: $1,022,764,802.00 for VCU Health System in Richmond, $264,595,293.00 for Chesapeake Regional Medical Center in Chesapeake, $251,457,085.00 for Children’s Hospital of the King’s Daughters (“CHKD”) in Norfolk, and $373,828,112.00 for Riverside Regional Medical Center in Newport News. Of course Riverside Health System derives significant additional patient revenues from the many physician practices and other facilities it controls on the Peninsula, including its upcoming Doctor’s Hospital in Williamsburg near the Kingsmill subdivision.
Mr. Waterman has sued Bon Secours, Sentara, and Riverside for medical malpractice. He is looking toward suit against Chesapeake Regional Medical Center too.
The Gardens at Warwick Forest in Newport News is reported as the nursing home getting the most patient revenues on the Peninsula. At $18,042,013.00 annually in 2011, The Gardens was not far behind top state’s nursing home at $30,704,731.00.
THE VIRGINIA STATE BAR REQUIRES ALL LAWYERS TO POST THE FOLLOWING DISCLAIMERS ON ALL CASE-RELATED POSTS. MR. WATERMAN’S CASE RESULTS AND CLIENT TESTIMONIALS DEPEND UPON A VARIETY OF FACTORS UNIQUE TO EACH CASE. THEY DO NOT GUARANTEE OR PREDICT A SIMILAR RESULT IN ANY FUTURE CASE BY HIM.