Hospital · Short-term acute hospital
Who owns Rex Hospital?
4420 Lake Boone Trail · Raleigh, NC · 27607
Overview
Rex Hospital is a short-term acute hospital in Raleigh, North Carolina, operated by Rex Hospital Inc. Wake County has 10 hospitals, 20 nursing homes and 107 urgent care centers.
Ownership
Rex Hospital is operated by Rex Hospital Inc.
- Operator
- Rex Hospital Inc
- Owner group
- Rex Hospital Inc
- Managed by
- State of North Carolina · CMS ownership filing
- Ownership type
- Government (state)
- Sources
- CMS Hospital Enrollments and All Owners (PECOS): hospital ownership graph · 2026-10-25
- irs_schedule_h · 202506
Ownership history
Every dated change of operator and owner for Rex Hospital, with the source for each.
Full ownership tree of Rex Hospital Inc
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 2025.
| Net patient revenue | $1.81B |
| Operating expenses | $1.72B |
| Net income | $196.9M |
| Net income as a share of net patient revenue | 10.9% |
| Uncompensated care cost | $42.3M |
| Charity care cost | $32.0M |
| Medicaid net revenue | $173.2M |
| Medicare disproportionate share percentage | 4.0% |
Payer mix by inpatient days (2025)
- Commercial and other 75.2%
- Medicare 23.0%
- Medicaid 1.8%
Services
Top inpatient services, Medicare (2024)
| Service | Discharges | Average total payment |
|---|---|---|
| Septicemia or severe sepsis without MV >96 hours with MCC · 871 | 316 | $14K |
| Heart failure and shock with MCC · 291 | 295 | $9K |
| Cardiac arrhythmia and conduction disorders with CC · 309 | 181 | $6K |
| Respiratory infections and inflammations with MCC · 177 | 144 | $12K |
| Kidney and urinary tract infections without MCC · 690 | 131 | $6K |
Top outpatient services, Medicare (2024)
| Service | Services |
|---|---|
| Level 1 Intraocular Procedures · 5491 | 1,219 |
| Level 5 Musculoskeletal Procedures · 5115 | 1,077 |
| Comprehensive Observation Services · 8011 | 724 |
| Level 1 Endovascular Procedures · 5191 | 683 |
| Level 3 Electrophysiologic Procedures · 5213 | 344 |
Medicare fee-for-service only. Small counts are suppressed by CMS.
Location and market
- Address
- 4420 Lake Boone Trail · Raleigh, NC · 27607
- County
- Wake County
- State
- North Carolina
4 off-site locations
Campuses, off-site emergency departments and outpatient departments under this hospital's certification.
Nearby hospitals
| Name | City | Distance |
|---|---|---|
| Duke Health Raleigh Hospital | Raleigh | 4.7 mi |
| Wakemed, Raleigh Campus | Raleigh | 6.7 mi |
| Wakemed, Cary Hospital | CARY | 6.8 mi |
| Holly Hill Mental Health Services | Raleigh | 7.0 mi |
| WakeBrook | Raleigh | 7.1 mi |
| WakeMed Brier Creek Healthplex | Raleigh | 8.4 mi |
Sources and identifiers
- Operator: CMS Hospital Enrollments and All Owners (PECOS): hospital ownership graph · irs_schedule_h
- Finances and payer mix: CMS hospital cost reports (HCRIS), fiscal year 2025
- 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
- 340114
- NPI
- 1497797088
- Last confirmed
- 2026-10-23
See something wrong? Report a correction.