Hospital · Critical access hospital
Who owns Preston Memorial Hospital?
150 Memorial Drive · Kingwood, WV · 26537
Overview
Beds25
Discharges550cost report 2024
Occupancy27%inpatient days ÷ bed days
Employees (FTE)311
Preston Memorial Hospital is a critical access hospital in Kingwood, West Virginia, operated by Preston Memorial Hospital Corporation.
Ownership
Preston Memorial Hospital is operated by Preston Memorial Hospital Corporation, part of Vandalia Health.
- Operator
- Preston Memorial Hospital Corporation
- Owner group
- Vandalia Health
- Ownership type
- Private For Profit
- Sources
- CMS Hospital Enrollments and All Owners (PECOS): hospital ownership graph · 2026-10-25
- irs_schedule_h · 202412
- Company website · 2026-10-25
Ownership history
Every dated change of operator and owner for Preston Memorial Hospital, with the source for each.
Full ownership tree of Vandalia 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 | $58.0M |
| Operating expenses | $60.5M |
| Net income | $3.0M |
| Net income as a share of net patient revenue | 5.2% |
| Uncompensated care cost | $2.7M |
| Charity care cost | $668K |
| Medicaid net revenue | $770K |
Payer mix by inpatient days (2024)
- Commercial and other 65.4%
- Medicare 32.6%
- Medicaid 2.0%
Location and market
- Address
- 150 Memorial Drive · Kingwood, WV · 26537
- State
- West Virginia
8 off-site locations
Campuses, off-site emergency departments and outpatient departments under this hospital's certification.
Sources and identifiers
- Operator: CMS Hospital Enrollments and All Owners (PECOS): hospital ownership graph · irs_schedule_h · Company website
- Finances and payer mix: CMS hospital cost reports (HCRIS), fiscal year 2024
- Ownership type and beds: CMS Provider of Services file
- Location: CMS and Census Bureau geography
- CMS certification number
- 511312
- NPI
- 1013950054
- Last confirmed
- 2026-10-23
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