MAINEHEALTH FRANKLIN HOSPITAL — financial and operating metrics

CCN 201316, FARMINGTON, ME · Medicare cost reports, FY2024–FY2025

Short reporting period. FY2024 (91 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2024
91d
FY2025
Total facility beds availableunverified2525
Total bed days availableunverified2,3009,125
Total facility dischargesunverified1,0501,900
Total facility inpatient daysunverified1,7137,002
Total patient revenue (gross charges)unverified$87,618,296$362,457,576
Contractual allowances and discountsunverified$53,290,249$206,425,598
Net patient revenueunverified$34,328,047$156,031,978
Total operating expensesunverified$36,627,308$150,466,420
Net income from service to patientsunverified$-2,299,261$5,565,558
Net incomeunverified$525,821$7,923,781
Cost of uncompensated careunverified$73,384$5,217,138
Total facility bad debt expenseunverified$252$8,369,889
Charity care charges and uninsured discountsunverified$157,575$2,790,671
Cost of charity careunverified$73,296$1,835,870
Charges for insured patients' liabilityunverified$345,799
Operating marginunverified-6.7%3.6%
Overall cost-to-charge ratiounverified41.8%41.5%
Occupancy rateunverified74.5%76.7%
Average length of stayunverified1.63.7
Uncompensated care as % of operating expenseunverified0.2%3.5%
Charity care cost-to-charge ratiounverified46.5%65.8%
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