Hospital · Short-term acute hospital
Who owns Franklin Memorial Hospital?
Farmington, ME · 04938 · Unknown
Overview
Beds25
Discharges1,328cost report 2024
Occupancy63%inpatient days ÷ bed days
Employees (FTE)506
Franklin Memorial Hospital is a short-term acute hospital in Farmington, Maine, operated by Mainehealth.
Ownership
Franklin Memorial Hospital is operated by Mainehealth, part of Mainehealth Services.
- Operator
- Mainehealth
- Owner group
- Mainehealth Services
- Sources
- CMS nursing home enrollment and owners · 2026-10-25
- AHRQ Compendium of U.S. Health Systems (hospital linkage) · 2023-12-31
Ownership history
Every dated change of operator and owner for Franklin Memorial Hospital, with the source for each.
Full ownership tree of Mainehealth Services
Every entity between this facility and its ultimate owner, with ownership percentages and dates.
Finances
From the hospital's Medicare cost report, fiscal year ending 2024.
| Net patient revenue | $97.2M |
| Operating expenses | $109.0M |
| Net income | $10.5M |
| Net income as a share of net patient revenue | 10.8% |
| Uncompensated care cost | $2.8M |
| Charity care cost | $950K |
| Medicaid net revenue | $4.8M |
| Medicare disproportionate share percentage | 11.0% |
Payer mix by inpatient days (2024)
- Commercial and other 56.9%
- Medicare 25.3%
- Medicaid 17.8%
Services
Top inpatient services, Medicare (2024)
| Service | Discharges | Average total payment |
|---|---|---|
| Septicemia or severe sepsis without MV >96 hours with MCC · 871 | 29 | $22K |
| Heart failure and shock with MCC · 291 | 21 | $14K |
Top outpatient services, Medicare (2024)
| Service | Services |
|---|---|
| Level 3 Urology and Related Services · 5373 | 25 |
| Level 5 Urology and Related Services · 5375 | 22 |
| Comprehensive Observation Services · 8011 | 22 |
| Level 1 Intraocular Procedures · 5491 | 18 |
Medicare fee-for-service only. Small counts are suppressed by CMS.
Location and market
- Address
- Farmington, ME · 04938
- State
- Maine
Sources and identifiers
- Operator: CMS nursing home enrollment and owners · AHRQ Compendium of U.S. Health Systems (hospital linkage)
- Finances and payer mix: CMS hospital cost reports (HCRIS), fiscal year 2024
- Services: CMS Medicare inpatient and outpatient utilization
- Location: CMS and Census Bureau geography
- CMS certification number
- 200037
- Last confirmed
- 2026-10-27
See something wrong? Report a correction.