Franklin Memorial Hospital

111 Franklin Health Commons, Farmington, ME 04938 · Franklin County
General Acute

At a glance

Latest cost report FY2024
Net patient revenue
$97.2M
Operating margin
-12.1%
Net income
$10.5M
Staffed beds
25
Annual discharges
1,328

Ownership & identity

Control, system & affiliation
Ownership / controlNonprofit (other) Health system Hospital typeGeneral Acute Phone CMS star rating Emergency services

Net patient revenue trend

FY2019–FY2024
FY19FY20FY21FY22FY23FY24
Fiscal yearNet patient revenue
FY2019$68,591,243
FY2020$77,956,753
FY2021$93,978,977
FY2022$103,370,236
FY2023$115,769,309
FY2024$97,244,034

Payer mix

Share of inpatient days
Medicare25.3%Medicaid17.8%Commercial & other56.9%

How Franklin Memorial Hospital compares

#19 of 37 Maine hospitals by net patient revenue

Full financial detail

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🔒 5-year income statement & balance sheet
Line-by-line revenue, expenses, assets, liabilities and net assets for FY2020–FY2024, plus top Medicare DRGs, cost structure, EBITDAR, and Medicare reimbursement (IME, DSH, charity & uncompensated care).
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