▸ Cost Report · CCN 200037 · FY 2024
FRANKLIN MEMORIAL HOSPITAL
FARMINGTON, ME 04938 · Fiscal year ending 2024-06-30
$97.2M
TOTAL REVENUES
$10.5M
NET INCOME
10.8%
OPERATING MARGIN
1,328
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $97.2M
- Total costs
- $109.0M
- Net income
- $10.5M
- Operating margin
- 10.8%
- Total charges
- $147.9M
- Medicare charges
- $7.7M
- Medicaid charges
- —
- Charity care charges
- $1.3M
- Uncompensated care
- $7.1M
- Bad debt
- $5.3M
- Total assets
- $70.6M
- Total liabilities
- $19.0M
- Fund balance
- $51.6M
02 — UTILIZATION
Utilization
- Total beds
- 25
- Bed days available
- 6,850
- Total inpatient days
- 5,746
- Medicare inpatient days
- 1,452
- Medicaid inpatient days
- 1,023
- Total outpatient visits
- —
- Total discharges
- 1,328
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-06-30 | 1,328 | $97.2M | $10.5M | 10.8% |
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03b — TREND CHART
Revenue, costs, and net income by fiscal year
Multi-year P&L chart — visualize revenue, costs, and net income side-by-side across every filing.See Solo · $499/yr →
DISTRESS RADAR
Risk signals detected
Auto-flagged from 3-year trend on margin, volume, and bad debt
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04 — PEER BENCHMARK
Peer cohort — ME
40 hospitals filing FY2024
- Median operating margin
- 1.8%
- 25th percentile margin
- -2.7%
- 75th percentile margin
- 8.7%
- Median discharges
- 1,251
- Median net income
- $1.6M
- Median bed count
- 40
07a — MS-DRG MIX
Top inpatient DRGs by volume
Per CMS Medicare Inpatient Hospitals dataset (PY2021)
| DRG | Description | Discharges | Avg payment |
|---|---|---|---|
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 44 | $21K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 32 | $15K |
| 871 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC | 29 | $22K |
| 291 | HEART FAILURE AND SHOCK WITH MCC | 21 | $14K |
| 193 | SIMPLE PNEUMONIA AND PLEURISY WITH MCC | 16 | $14K |
| 189 | PULMONARY EDEMA AND RESPIRATORY FAILURE | 15 | $13K |
| 177 | RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC | 13 | $20K |
| 872 | SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITHOUT MCC | 13 | $11K |
07 — MARKET (HSAF)
Top patient-origin ZIPs
Catchment based on CMS Hospital Service Area File (PY2023)
| ZIP | Cases | Bed days |
|---|---|---|
| 04938 | 248 | 1062 |
| 04938 | 240 | 1010 |
| 04938 | 203 | 1074 |
| 04938 | 202 | 943 |
| 04938 | 195 | 845 |
| 04938 | 146 | 700 |
| 04239 | 117 | 606 |
| 04239 | 103 | 426 |
| 04239 | 102 | 436 |
| 04294 | 98 | 547 |
CROSS-REFERENCE
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