THE MEDICAL CENTER AT FRANKLIN — financial and operating metrics

CCN 181318, FRANKLIN, KY · Medicare cost reports, FY2020–FY2025

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified252518252525
Total bed days availableunverified9,1509,1256,5709,1259,1509,125
Total facility dischargesunverified411257239254138112
Total facility inpatient daysunverified6,1766,1744,5794,7015,1636,330
Total patient revenue (gross charges)unverified$60,092,100$66,823,506$75,553,477$89,635,786$89,395,010$101,903,579
Contractual allowances and discountsunverified$34,955,444$39,195,664$43,700,499$56,478,032$51,077,866$61,490,109
Net patient revenueunverified$25,136,656$27,627,842$31,852,978$33,157,754$38,317,144$40,413,470
Total operating expensesunverified$22,286,094$24,455,663$26,753,089$28,439,135$29,139,570$31,229,183
Net income from service to patientsunverified$2,850,562$3,172,179$5,099,889$4,718,619$9,177,574$9,184,287
Net incomeunverified$3,222,058$4,310,462$6,264,342$5,656,724$9,524,074$9,835,054
Cost of uncompensated careunverified$1,307,216$944,077$994,918$811,930$1,006,104$1,389,888
Total facility bad debt expenseunverified$3,076,316$2,309,796$2,558,534$1,789,356$1,864,550$2,279,799
Charity care charges and uninsured discountsunverified$556,000$292,224$305,436$796,375$1,345,566$2,581,322
Cost of charity careunverified$260,897$150,085$138,755$275,945$445,247$748,961
Operating marginunverified11.3%11.5%16.0%14.2%24.0%22.7%
Overall cost-to-charge ratiounverified37.1%36.6%35.4%31.7%32.6%30.6%
Occupancy rateunverified67.5%67.7%69.7%51.5%56.4%69.4%
Average length of stayunverified15.024.019.218.537.456.5
Uncompensated care as % of operating expenseunverified5.9%3.9%3.7%2.9%3.5%4.5%
Charity care cost-to-charge ratiounverified46.9%51.4%45.4%34.7%33.1%29.0%
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