BAYSTATE FRANKLIN MEDICAL CENTER — financial and operating metrics

CCN 220016, GREENFIELD, MA · 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 availableunverified898989898989
Total bed days availableunverified32,57432,48532,48532,48532,57432,485
Total facility dischargesunverified3,9984,2944,2764,3985,4044,526
Total facility inpatient daysunverified16,98619,01019,53419,59920,32020,166
Total patient revenue (gross charges)unverified$243,245,409$269,992,845$295,729,454$335,854,517$353,357,480$347,962,635
Contractual allowances and discountsunverified$156,932,044$173,988,618$197,659,821$220,563,943$231,160,883$220,493,327
Net patient revenueunverified$86,313,365$96,004,227$98,069,633$115,290,574$122,196,597$127,469,308
Total operating expensesunverified$102,789,268$109,520,958$120,729,128$128,288,403$133,378,718$138,834,756
Net income from service to patientsunverified$-16,475,903$-13,516,731$-22,659,495$-12,997,829$-11,182,121$-11,365,448
Net incomeunverified$-1,502,859$-1,507,705$-8,948,260$-1,990,230$-15,145,040$8,054,064
Cost of uncompensated careunverified$1,957,886$1,502,039$1,250,462$1,586,302$1,950,181$2,222,140
Total facility bad debt expenseunverified$3,560,981$2,743,586$2,771,524$3,643,966$4,369,503$4,833,747
Charity care charges and uninsured discountsunverified$1,307,104$1,185,620$562,274$710,583$1,250,538$1,623,102
Cost of charity careunverified$633,536$531,278$250,904$312,559$468,909$617,168
Charges for insured patients' liabilityunverified$2,889$4,782
Operating marginunverified-19.1%-14.1%-23.1%-11.3%-9.2%-8.9%
Overall cost-to-charge ratiounverified42.3%40.6%40.8%38.2%37.7%39.9%
Occupancy rateunverified52.1%58.5%60.1%60.3%62.4%62.1%
Average length of stayunverified4.24.44.64.53.84.5
Uncompensated care as % of operating expenseunverified1.9%1.4%1.0%1.2%1.5%1.6%
Charity care cost-to-charge ratiounverified48.5%44.8%44.6%44.0%37.5%38.0%
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