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Short-term acute care hospital · Louisburg, North Carolina · 2 beds · CMS certification number 340036

Franklin Regional Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended October 16, 2015, settled, stamped by CMS July 19, 2018. Twenty years on file, every one shown below.

Fiscal 2015 at a glance

Net patient revenue
$15.5M
$15,474,252 · G-3 line 3
Operating expenses
$39.0M
$38,959,175 · G-3 line 4
Result from patient care
−$23.5M
−$23,484,923 · G-3 line 5
Margin on patient care
−151.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $16.4M in its first year on file (1996) to $15.5M in 2015.
  • Its result from patient care: −$7.1M (2013), −$6.1M (2014), −$23.5M (2015).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2015.

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

Twenty years of filings

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

Net patient revenueOperating expenses
1996
settled
$16.4M
$13.7M
1997
reopened
$18.4M
$13.8M
1998
settled
$17.7M
$13.4M
1999
reopened
$15.3M
$13.4M
2000
reopened
$17.7M
$15.0M
2001
settled
$24.2M
$20.5M
2002
reopened
$28.8M
$23.0M
2003
settled
$30.3M
$24.7M
2004
reopened
$30.3M
$27.6M
2005
reopened
$41.2M
$32.8M
2006
settled
$45.1M
$36.2M
2007
settled
$45.1M
$36.9M
2008
settled
$51.2M
$35.4M
2009
settled
$27.1M
$31.2M
2010
reopened
$30.2M
$38.9M
2011
reopened
$17.1M
$30.2M
2012
reopened
$32.0M
$35.4M
2013
reopened
$30.0M
$37.0M
2014
reopened
$26.8M
$32.9M
2015
settled
$15.5M
$39.0M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from North Carolina first; each on fiscal year 2015.

HospitalBedsNet patient revenueOperating expensesMargin
Franklin Regional Medical Center2$15,474,252$38,959,175−151.8%
Cape Fear Valley Hoke Hospital, Raeford41$70,560,251$16,714,21176.3%
Atrium Health Anson, Wadesboro15$13,450,689$16,278,621−21.0%
Davie County Emergency Health, Bermuda Run25$37,660,454$29,148,33922.6%
Novant Health Medical Park Hospital, Winston-Salem22$74,614,672$47,755,74436.0%
North Carolina Specialty Hospital, Durham18$52,272,816$42,984,87117.8%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2015.ZIP, form CMS-2552-10, filed under CMS certification number 340036.

How this page was built: the CMS Medicare cost report, file HOSP10FY2015.ZIP, read July 19, 2018.