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Short-term acute care hospital · Rocky Mount, Virginia · 37 beds · CMS certification number 490089

Carilion Franklin Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 5, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$104.0M
$104,024,248 · G-3 line 3
Operating expenses
$79.9M
$79,864,037 · G-3 line 4
Result from patient care
$24.2M
$24,160,211 · G-3 line 5
Margin on patient care
23.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $14.4M in its first year on file (1996) to $104.0M in 2025.
  • Its result from patient care: $8.1M (2023), $14.7M (2024), $24.2M (2025).
  • 3 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 2025.
  • Medicaid paid for 2.1% of its inpatient days and Medicare for 32.8%.
  • CARILION CLINIC holds 100% of it, on its Medicare enrollment.

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

30 years of filings

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

Net patient revenueOperating expenses
1996
settled
$14.4M
$14.1M
1997
reopened
$15.3M
$15.0M
1998
settled
$16.6M
$16.4M
1999
settled
$19.2M
$17.7M
2000
settled
$16.8M
$18.1M
2001
settled
$20.0M
$17.9M
2002
settled
$21.4M
$20.1M
2003
settled
$21.0M
$21.3M
2004
reopened
$24.1M
$23.1M
2005
reopened
$27.3M
$26.2M
2006
reopened
$29.5M
$29.6M
2007
reopened
$30.9M
$31.9M
2008
reopened
$33.7M
$34.2M
2009
reopened
$34.4M
$36.8M
2010
settled
$32.3M
$35.8M
2011
settled
$30.7M
$34.2M
2012
reopened
$32.3M
$32.5M
2013
reopened
$33.6M
$33.9M
2014
settled
$33.9M
$33.1M
2015
settled
$35.8M
$34.1M
2016
settled
$37.3M
$36.7M
2017
settled
$38.5M
$38.3M
2018
settled
$41.8M
$39.9M
2019
settled
$47.6M
$43.0M
2020
settled
$46.4M
$43.4M
2021
settled
$54.3M
$50.6M
2022
settled
$61.8M
$62.2M
2023
settled
$75.2M
$67.1M
2024
amended
$86.4M
$71.8M
2025
as submitted
$104.0M
$79.9M

Beside its peers

Short-term acute care hospitals in Virginia with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Carilion Franklin Memorial Hospital37$104,024,248$79,864,03723.2%
Bon Secours Southern Virginia Medical Center, Emporia39$31,917,536$32,452,182−1.7%
Bon Secours - Southampton Medical Center, Franklin42$52,730,801$64,067,841−21.5%
Riverside Doctors Hospital of Williamsburg, Williamsburg40$105,273,271$82,949,23121.2%
VCU Health Tappahannock Hospital, Tappahannock37$74,414,301$70,607,0135.1%
N/A, Front Royal36$119,993,493$110,894,7247.6%

Patients and payers

Discharges
2,120
S-3 line 14, col 15
Inpatient days
7,287
S-3 line 14, col 8
Beds in use, on an average day
20.0
days ÷ days in year
Occupancy
54.0%
days ÷ bed days
Medicare share of days
32.8%
S-3 cols 6 ÷ 8
Medicaid share of days
2.1%
S-3 cols 7 ÷ 8

Who owns it

  • CARILION CLINIC100%

Related organizations on its own cost report: CARILION CLNIC (100%).

Other hospitals with the same owner: Carilion Roanoke Memorial Hospital (VA), Carilion New River Valley Medical Center (VA), Carilion Tazewell Community Hospital (VA), Carilion Clinic (VA), Carilion Rockbridge Community Hospital (VA).

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 HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 490089. 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 March 5, 2026.