CARILION FRANKLIN MEMORIAL HOSPITAL — financial and operating metrics

CCN 490089, ROCKY MOUNT, VA · 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 dischargesunverified1,1601,0701,6161,6981,8712,120
Total facility inpatient daysunverified4,5244,6486,4956,7536,5807,287
Total patient revenue (gross charges)unverified$146,159,934$183,022,649$216,535,913$260,485,310$291,774,473$327,767,967
Contractual allowances and discountsunverified$99,809,656$128,772,418$154,729,470$185,261,946$205,351,439$223,743,719
Net patient revenueunverified$46,350,278$54,250,231$61,806,443$75,223,364$86,423,034$104,024,248
Total operating expensesunverified$43,353,040$50,633,084$62,249,309$67,149,628$71,772,811$79,864,037
Net income from service to patientsunverified$2,997,238$3,617,147$-442,866$8,073,736$14,650,223$24,160,211
Net incomeunverified$4,848,567$6,674,008$2,156,274$10,698,560$17,321,743$27,388,434
Cost of uncompensated careunverified$2,808,531$2,154,044$2,384,467$1,825,227$2,748,517$2,798,389
Total facility bad debt expenseunverified$6,518,261$4,600,305$4,908,413$5,301,777$7,468,326$7,574,947
Charity care charges and uninsured discountsunverified$3,886,763$3,738,871$3,843,558$2,973,209$4,182,396$4,327,422
Cost of charity careunverified$1,143,894$1,053,037$1,158,781$650,849$1,129,025$1,256,140
Charges for insured patients' liabilityunverified$322,622$58,910$72,436
Operating marginunverified6.5%6.7%-0.7%10.7%17.0%23.2%
Overall cost-to-charge ratiounverified29.7%27.7%28.7%25.8%24.6%24.4%
Occupancy rateunverified33.4%34.4%48.1%50.0%48.6%54.0%
Average length of stayunverified3.94.34.04.03.53.4
Uncompensated care as % of operating expenseunverified6.5%4.3%3.8%2.7%3.8%3.5%
Charity care cost-to-charge ratiounverified29.4%28.2%30.1%21.9%27.0%29.0%
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