Short-term acute care hospital · Johnson City, Tennessee · 100 beds · CMS certification number 440184
Franklin Woods Community Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2026, as submitted, stamped by CMS August 31, 2026. 31 years on file, every one shown below. Also on the 340B covered-entity register.
Fiscal 2026 at a glance
What stands out
- Net patient revenue rose from $44.3M in its first year on file (1996) to $182.1M in 2026.
- Its result from patient care: $18.1M (2024), $23.3M (2025), $37.0M (2026).
- 4 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2026.
- Medicaid paid for 10.7% of its inpatient days and Medicare for 16.8%.
- BALLAD HEALTH holds 100% of it, on its Medicare enrollment.
Every statement is drawn from figures on this page; nothing is estimated.
31 years of filings
Net patient revenue against operating expenses, each year as filed.
as submitted
as submitted
as submitted
settled
settled
settled
settled
settled with audit
settled
settled
settled
reopened
reopened
reopened
reopened
reopened
reopened
reopened
reopened
settled
settled
settled
settled
settled
settled
settled
settled
settled
settled
amended
as submitted
Beside its peers
Hospitals of the same type (short-term acute care hospital), nearest in size, from Tennessee first; each on fiscal year 2026.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Franklin Woods Community Hospital | 100 | $182,076,770 | $145,100,908 | 20.3% |
| Indian Path Community Hospital, Kingsport | 34 | $189,483,882 | $178,712,017 | 5.7% |
| Livingston Regional Hospital, Livingston | 88 | $64,037,210 | $65,065,996 | −1.6% |
| Parkridge Medical Center, Chattanooga | 407 | $587,585,016 | $355,909,700 | 39.4% |
| Tristar Stonecrest Medical Center, Smyrna | 115 | $268,384,828 | $128,148,461 | 52.3% |
| Wilson Medical Center, Wilson (NC) | 100 | $196,960,992 | $185,150,671 | 6.0% |
Patients and payers
- Discharges
- 6,579S-3 line 14, col 15
- Inpatient days
- 23,632S-3 line 14, col 8
- Beds in use, on an average day
- 64.9days ÷ days in year
- Occupancy
- 64.8%days ÷ bed days
- Medicare share of days
- 16.8%S-3 cols 6 ÷ 8
- Medicaid share of days
- 10.7%S-3 cols 7 ÷ 8
Who owns it
- BALLAD HEALTH100%
Related organizations on its own cost report: MOUNTAIN STATES (100%), health care.
Other hospitals with the same owner: Bristol Regional Medical Center (TN), Holston Valley Medical Center (TN), Sycamore Shoals Hospital (TN), Hawkins County Memorial Hospital (TN), Greeneville Community Hospital (TN), Johnson City Medical Center (TN), Indian Path Community Hospital (TN), Johnson County Community Hospital (TN), Hancock County Hospital (TN), Rehabilitation Hospital of Kingsport, a Joint Venture of Ballad Health (TN), Quillen Rehabilitation Hospital, a JV of Ballad Health and Encompass (TN).
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).
Follow this hospital, free
We send this record now and tell you when it files again.
More short-term acute care hospitals in Tennessee
From the publisher of Velarion Records
Velarion Intel
Independent Decision-Grade Intelligence
Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.
Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 440184. 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 HOSP10FY2025.ZIP, read August 31, 2026.