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Short-term acute care hospital · Baltimore, Maryland · 357 beds · CMS certification number 210015

Medstar Franklin Square Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS September 28, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$628.7M
$628,744,757 · G-3 line 3
Operating expenses
$646.7M
$646,658,102 · G-3 line 4
Result from patient care
−$17.9M
−$17,913,345 · G-3 line 5
Margin on patient care
−2.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $161.8M in its first year on file (1997) to $628.7M in 2025.
  • Its result from patient care: −$30.5M (2023), −$11.0M (2024), −$17.9M (2025).
  • 2 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 2025.
  • Medicaid paid for 10.1% of its inpatient days and Medicare for 32.7%.

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

29 years of filings

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

Net patient revenueOperating expenses
1997
reopened
$161.8M
$154.7M
1998
reopened
$171.7M
$169.5M
1999
reopened
$162.2M
$175.2M
2000
settled
$182.5M
$186.8M
2001
settled
$207.4M
$212.4M
2002
settled
$223.3M
$225.5M
2003
reopened
$245.9M
$244.8M
2004
settled
$267.9M
$265.9M
2005
settled
$300.5M
$300.3M
2006
reopened
$339.0M
$339.0M
2007
settled
$368.2M
$364.9M
2008
settled
$398.2M
$384.7M
2009
settled
$415.1M
$404.7M
2010
settled
$419.6M
$400.3M
2011
settled
$435.1M
$426.9M
2012
settled
$463.3M
$458.3M
2013
settled
$439.7M
$449.8M
2014
settled
$476.9M
$468.5M
2015
settled
$492.9M
$487.7M
2016
settled
$506.2M
$508.3M
2017
settled
$516.3M
$508.5M
2018
settled
$540.5M
$518.9M
2019
settled
$553.8M
$538.1M
2020
settled
$579.0M
$549.8M
2021
settled
$582.6M
$613.9M
2022
settled
$525.6M
$559.6M
2023
settled
$537.6M
$568.1M
2024
settled
$586.9M
$597.9M
2025
as submitted
$628.7M
$646.7M

Beside its peers

Short-term acute care hospitals in Maryland with 200 to 399 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Medstar Franklin Square Medical Center357$628,744,757$646,658,102−2.9%
Adventist Healthcare Shady Grove Medical Center, Rockville389$504,640,531$489,016,3763.1%
University of Maryland Baltimore Washington Medical Center, Glen Burnie306$485,044,525$453,917,1106.4%
Frederick Health Hospital, Frederick276$429,824,085$430,542,765−0.2%
Holy Cross Hospital, Holy Cross Hospital of Silver Spring, Silver Spring392$579,701,251$530,673,6998.5%
Johns Hopkins Bayview Medical Center, Baltimore398$737,000,000$823,399,000−11.7%

Patients and payers

Discharges
19,116
S-3 line 14, col 15
Inpatient days
110,478
S-3 line 14, col 8
Beds in use, on an average day
303.5
days ÷ days in year
Occupancy
84.8%
days ÷ bed days
Medicare share of days
32.7%
S-3 cols 6 ÷ 8
Medicaid share of days
10.1%
S-3 cols 7 ÷ 8

Who owns it

Indirect owner: MEDSTAR HEALTH, INC.

Related organizations on its own cost report: MEDSTAR HEALTH (100%), home office.

Other hospitals with the same owner: Medstar Georgetown University Hospital (DC), Washington Hospital Center (DC), Medstar Health Physical Therapy (DC), Medstar Montgomery Medical Center (MD), Medstar Union Memorial Hospital (MD), Medstar St. Mary's Hospital (MD), Medstar Harbor Hospital (MD), Medstar Good Samaritan Hospital (MD), Medstar Southern Maryland Hospital Center (MD).

Type of control on its cost report: voluntary nonprofit, other.

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by FRANKLIN SQUARE HOSPITAL CENTER INC (employer identification number 520608007) for tax year 2022. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$58,946,201IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$13,379,812IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$13,379,812IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$45,566,389IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.1037IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202421289349300412. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by FRANKLIN SQUARE HOSPITAL CENTER INC (employer identification number 520608007) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
AIMAN SHAMMAS MDDIRECTORTrustee/director$0$0$0
ALAIN ABDO MDMEDICAL DOCTORHighest-compensated employee$435,493$0$29,242
AMARIS UMBAGERDIRECTORTrustee/director$0$0$0
CAROL L NICOLETTE ANTILLCHAIRTrustee/director, Officer$0$0$0
CHUKWUMA EBO MDDIRECTOR (AS OF 10/2022)Trustee/director$0$0$0
DAVID LISLE MDORTHOPEDIC SURGEONHighest-compensated employee$960,727$0$17,959
DEANA STOUTCFO/TREASUREROfficer$0$535,082$51,916
DENISE M MATRICCIANIVICE CHAIRTrustee/director, Officer$0$0$0
DIANA PANCU MDDIRECTOR & VP EMERG MED.Trustee/director$0$431,395$29,582
ERIC C WASHINGTONDIRECTORTrustee/director$0$0$0
HOWARD L GOLDMAN MDDIRECTORTrustee/director$0$0$0
JILL JOHNSONSR. V.P. OF OPERATIONSHighest-compensated employee$376,057$0$27,869
KEITH SHINERSECRETARYOfficer$0$292,720$29,534
KENNETH A SAMETDIRECTORTrustee/director$0$5,361,626$97,941
LESLIE R KAMINSKIDIRECTORTrustee/director$0$0$0
LILIAN NYAMBOGA RNREGISTERED NURSEHighest-compensated employee$362,663$0$6,812
LISA PLOWFIELD PHDDIRECTOR (AS OF 11/2022)Trustee/director$0$0$0
MARLA T OROSDIRECTORTrustee/director$0$0$0
MARYELLEN GOODELL MDDIRECTORTrustee/director$354,753$0$33,350
MICHAEL J BERNADIRECTORTrustee/director$0$0$0
MICHAEL P RODRIGUES MDDIRECTORTrustee/director$0$0$0
NICOLA LONDON MDDIRECTORTrustee/director$510,587$0$40,981
RAYMOND A NAIMOLIDIRECTORTrustee/director$0$0$0
ROBERT LALLYVP FINANCE/FORMER OFFICERFormer$455,286$0$46,023
SHWETA KURIAN MDORTHOPEDIC SURGEONHighest-compensated employee$620,130$0$29,611
STUART M LEVINE MDPRESIDENT/DIRECTORTrustee/director, Officer$1,175,088$0$41,395
WILLIAM D MCLAUGHLINDIRECTORTrustee/director$0$0$0

E-file object id 202421289349300412. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 210015. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read September 28, 2026.