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Critical access hospital · Farmington, Maine · 25 beds · CMS certification number 201316

Mainehealth Franklin Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2024, settled, stamped by CMS October 20, 2025. Two years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2024 at a glance

Net patient revenue
$34.3M
$34,328,047 · G-3 line 3
Operating expenses
$36.6M
$36,627,308 · G-3 line 4
Result from patient care
−$2.3M
−$2,299,261 · G-3 line 5
Margin on patient care
−6.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $34.3M in its first year on file (2024) to $156.0M in 2025.
  • Its result from patient care: −$2.3M (2024), $5.6M (2025).
  • 3 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2024.
  • Medicaid paid for 23.1% of its inpatient days and Medicare for 19.7%.
  • MAINEHEALTH SERVICES holds 100% of it, on its Medicare enrollment.

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

Two years of filings

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

Net patient revenueOperating expenses
2024
settled
$34.3M
$36.6M
2025
as submitted
$156.0M
$150.5M

Beside its peers

Critical access hospitals in Maine with 25 to 49 beds, each on fiscal year 2024.

HospitalBedsNet patient revenueOperating expensesMargin
Mainehealth Franklin Hospital25$34,328,047$36,627,308−6.7%
Northern Light Blue Hill Hospital, Blue Hill25$41,142,557$41,085,4290.1%
Northern Light C a Dean Hospital, Greenville25$21,337,809$24,084,191−12.9%
Mainehealth Lincoln Hospital, Boothbay Harbor25$150,791,432$147,950,7181.9%
Mount Desert Island Hospital, Bar Harbor25$80,342,320$85,422,959−6.3%
Penobscot Valley Hospital, Lincoln25$24,374,283$25,632,345−5.2%

Patients and payers

Discharges
1,050
S-3 line 14, col 15
Inpatient days
1,713
S-3 line 14, col 8
Beds in use, on an average day
18.8
days ÷ days in year
Occupancy
74.5%
days ÷ bed days
Medicare share of days
19.7%
S-3 cols 6 ÷ 8
Medicaid share of days
23.1%
S-3 cols 7 ÷ 8

Who owns it

  • MAINEHEALTH SERVICES100%

Related organizations on its own cost report: MAINE HEALTH, home office; SYNERNET, credential serv; NORDX, lab; MMC, hospital; MBH, hospital.

Other hospitals with the same owner: Mainehealth Maine Medical Center (ME), Mainehealth Mid Coast Hospital (ME), Mainehealth Pen Bay Hospital (ME), Mainehealth Lincoln Hospital (ME), Mainehealth Waldo Hospital (ME), Mainehealth Stephens Hospital (ME), Mainehealth Behavioral Health at Spring Harbor (ME).

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).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 201316. 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 October 20, 2025.