Astrelis
Urban PPS hospital · Frankfort, KY

FRANKFORT REGIONAL MEDICAL CENTER

CCN 180127FRANKLIN CountyProprietary104 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Frankfort, KY. It ran an operating surplus of 32.2% in FY25 on $133.7M of operating revenue. It held 0 days of cash on hand (16th percentile among Urban PPS hospitals on liquidity). Operating margin improved from 28.3% in FY21 to 32.2% in FY25.

Operating margin · FY25
+32.2%
1.0 pts vs FY24
vs Urban PPS hospitals96th pctl of 1,475 (FY25)
Days cash on hand · FY25
0d
all sources
0.1 days vs FY24
vs Urban PPS hospitals16th pctl of 1,386 (FY25)
Total operating revenue · FY25
$133.7M
0.9 $M vs FY24
vs Urban PPS hospitals27th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+32.3%
0.9 pts vs FY24
vs Urban PPS hospitals96th pctl of 1,475 (FY25)
One point of operating margin at FRANKFORT REGIONAL MEDICAL CENTER is about $1.3M per year (1% of FY25 total operating revenue).

Where FRANKFORT REGIONAL MEDICAL sits among Urban PPS hospitals

Operating margin · FY25 pool · n = 1,475 of 2,681 filed

Each point is one Urban PPS hospital in the national distribution for this provider type, placed by operating margin. Facilities are not matched on size, case mix, or market — that is the matched-peer comparison in the paid benchmark. The Urban PPS hospital median is +1.3%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%Urban PPS hospital median +1.3311360264910879%FRANKFORT REGIONAL +32.23320431555132%-20%0%+20%Urban PPS hospital median +1.3311360264910879%FRANKFORT REGIONAL +32.23320431555132%
One urban pps hospitalFRANKFORT REGIONALUrban PPS hospital median

The money

$ thousands · HCRIS cost-report basis · as filed, QA-gated

Ratios tell you how this hospital is doing. Statements tell you what kind of organization it is, and where the money comes from. Every figure below traces to a public cost-report filing, shown as filed. A ratio renders only when every input is reported in the filing; a year missing its core lines is not shown; a year whose balance sheet does not reconcile is labeled. Not audited by Astrelis.

Operating margin
+32.2% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+32.3% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
0d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
Not shown, balance sheet did not reconcile as filed
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
Not shown, balance sheet did not reconcile as filed
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not shown, balance sheet did not reconcile as filed
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue122,284132,675133,655
Other operating revenue6,31015447
Total operating revenue128,595132,828133,703
Total operating expenses91,88691,36790,606
Operating income36,70841,46143,097
Operating margin %+28.5%+31.2%+32.2%
Other non-operating, net307311172
Net income37,01541,77243,269
Net income %+28.7%+31.4%+32.3%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income

How it operates

quality & operational context · CMS public reporting

A 104-bed hospital at 48% occupancy 55% of patient revenue is outpatient.

The metrics this hospital type is judged on: care quality, patient experience, and scale. Each is labeled by evidence class and public source; descriptive context only, never a ranking or adequacy claim.

Scale and flow
Occupancy
48.1%
Verified fact2025
HCRIS WS S-3
Average daily census
50.20
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
104
Verified fact2025
HCRIS WS S-3
Annual discharges
5,575
Verified fact2025
HCRIS WS S-3
Average length of stay
3.3d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
55.1%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
423.30
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
19.4%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.116
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
16%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.94
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.897881
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+28.3%+26.9%+28.5%+31.2%+32.2%FY21FY22FY23FY24FY25
Days cash on hand
1 day1 day0 days0 days0 daysFY21FY22FY23FY24FY25

The county this hospital serves

FRANKLIN County, KY
Median household income
$66.5K
vs $82.1K US · $59.7K rural median
Poverty rate
13.4%
vs 12.5% US · 14.3% rural median
Uninsured
6.1%
vs 8.6% US · 8.4% rural median
Age 65+
18.4%
vs 16.8% US · 20.6% rural median
Fair or poor health
Not available
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 13.5% of county personal income is Medicare/Medicaid medical benefits; 28.7% arrives as government transfers (BEA, 2022).

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