Virginia: Medical Malpractice – a Lawyer’s Revenues
Virginia Business magazine recently published its “Virginia Business List of Leaders” for 2012. Notably, it documents under “Hospitals” that the Hampton Roads health systems Mr. Waterman sues for medical malpractice vis-à-vis their patients actually are “big business” – financial goliaths making hundred of millions of dollars of patient revenues every year!
Three Hospitals of Sentara’s system alone have annual revenues from patients of roughly $1 billion! Sentara Norfolk General (www.sentara.com) was $612,513,000.00; Sentara Virginia Beach General (www.sentara.com), $258,786,000.00; and Sentara CarePlex in Hampton (www.sentara.com), $226,709,000.00.
Indeed, three Hospitals in Bon Secours’ system top $1 billion in patient revenues annually: Bon Secours St. Mary’s in Richmond (www.bonsecours.com), $445,973,000.00; Bon Secours Memorial Regional Medical Center in Mechanicsville (www.bonsecours.com), $292,712,000.00; and Bon Secours Maryview Medical Center in Portsmouth (www.bonsecourshamptonroads.com), $279,500,000.00. Obviously this does not count the substantial patient revenues of Mary Immaculate Hospital in Newport News and Bon Secours nursing homes on the Peninsula.
Riverside Regional Medical Center in Newport News (www.riversideonline.com) – against which Mr. Waterman has litigated multiple patient fall cases – itself has $352,879,000.00 of yearly patient revenues, making it the 12th largest patient revenue Hospital in Virginia. Of course, numerous other facilities and practices of Riverside make it a roughly half-billion-dollar system.
Other “top ten” highest-revenue Virginia Hospitals include: first-place Inova Fairfax (www.inova.org/ifh), $1,149,521,000.00; University of Virginia Medical Center in Charlottesville (www.uvahealth.com), $994,099,000.00; VCU Health System in Richmond (vcuhealth.org), $963,682,000.00; Carilion Medical Center in Roanoke (carilionclinic.org), $788,712,000.00; Chippenham Johnston Willis Medical Center in Richmond (cjwmedical.com), $572,067,000.00; Mary Washington in Fredericksburg (marywashingtonhealthcare.com), $514,356,000.00; Winchester Medical Center (valleyhealthlink.com), $462,921,000.00; and Henrico Doctors’ (henricodoctorshospital.com), $418,838,000.00. Chesapeake Regional Medical Center (www.chesapeakeregional.com) at $264,458,000.00 ranks 19th; Children’s Hospital of the King’s Daughters in Norfolk (www.chkd.org) at $257,603,000.00 ranks 21st.