FREESTONE MEDICAL CENTER — financial and operating metrics

CCN 450658, FAIRFIELD, TX · 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 availableunverified373737373737
Total bed days availableunverified13,54213,50513,50513,50513,54213,505
Total facility dischargesunverified329411328318236268
Total facility inpatient daysunverified8551,5191,2471,077733812
Total patient revenue (gross charges)unverified$46,340,779$58,721,854$62,308,884$71,651,932$76,648,070$90,970,634
Contractual allowances and discountsunverified$35,836,353$45,029,313$48,061,310$55,697,693$60,996,320$72,390,856
Net patient revenueunverified$10,504,426$13,692,541$14,247,574$15,954,239$15,651,750$18,579,778
Total operating expensesunverified$13,349,108$17,317,797$16,598,018$20,129,220$20,163,765$23,906,895
Net income from service to patientsunverified$-2,844,682$-3,625,256$-2,350,444$-4,174,981$-4,512,015$-5,327,117
Net incomeunverified$266,068$3,677,381$434,767$-1,041,666$-1,635,652$-1,178,733
Cost of uncompensated careunverified$2,495,711$5,946,538$2,385,720$2,049,692$2,211,479$1,817,297
Total facility bad debt expenseunverified$2,286,277$15,113,508$1,611,724$1,198,387$2,650,931$1,457,822
Charity care charges and uninsured discountsunverified$7,081,144$6,334,691$7,528,148$6,790,387$6,825,118$6,834,698
Cost of charity careunverified$1,867,489$1,754,494$1,968,482$1,739,688$1,599,084$1,496,267
Operating marginunverified-27.1%-26.5%-16.5%-26.2%-28.8%-28.7%
Overall cost-to-charge ratiounverified28.8%29.5%26.6%28.1%26.3%26.3%
Occupancy rateunverified6.3%11.2%9.2%8.0%5.4%6.0%
Average length of stayunverified2.63.73.83.43.13.0
Uncompensated care as % of operating expenseunverified18.7%34.3%14.4%10.2%11.0%7.6%
Charity care cost-to-charge ratiounverified26.4%27.7%26.1%25.6%23.4%21.9%
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