Velarion Records

Short-term acute care hospital · Franklin, Kentucky · 42 beds · CMS certification number 180120

Medical Center at Franklin

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2003, settled, stamped by CMS February 9, 2005. Eight years on file, every one shown below.

Fiscal 2003 at a glance

Net patient revenue
$8.1M
$8,064,397 · G-3 line 3
Operating expenses
$8.4M
$8,426,460 · G-3 line 4
Result from patient care
−$362K
−$362,063 · G-3 line 5
Margin on patient care
−4.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.1M in its first year on file (1996) to $8.1M in 2003.
  • Its result from patient care: −$514K (2001), −$428K (2002), −$362K (2003).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2003.

Every statement is drawn from figures on this page; nothing is estimated.

Eight years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1996
settled
$5.1M
$5.5M
1997
settled
$7.0M
$6.5M
1998
settled
$6.1M
$7.4M
1999
settled
$5.8M
$6.3M
2000
settled
$1.4M
$1.7M
2001
reopened
$7.1M
$7.6M
2002
settled
$7.4M
$7.8M
2003
settled
$8.1M
$8.4M

Beside its peers

Short-term acute care hospitals in Kentucky with 25 to 49 beds, each on fiscal year 2003.

HospitalBedsNet patient revenueOperating expensesMargin
Medical Center at Franklin42$8,064,397$8,426,460−4.5%
Berea Hospital, Berea41$16,895,450$23,091,880−36.7%
Clinton County Hospital, Albany43$11,064,568$10,311,1786.8%
Fort Logan Hospital, Stanford43$7,430,967$7,403,4140.4%
Parkway Regional Hospital, Fulton43$16,414,326$17,546,053−6.9%
Select Specialty Hospital - Lexingto, Lexington41$1,473,645$2,824,003−91.6%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Kentucky

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSPFY2002.ZIP, form CMS-2552-96, filed under CMS certification number 180120.

How this page was built: the CMS Medicare cost report, file HOSPFY2002.ZIP, read February 9, 2005.