# Trenton Medical Center, Inc. Dba Palms Medical Group

Health Center, FL
Page: https://astrelis.co/providers/health_center/101936  
This twin: https://astrelis.co/providers/health_center/101936.md  
CMS Certification Number (CCN): 101936  
Release: 2321a4fc37a7 (2026-10-22)

## Headline figures (fiscal years on file: 2019 to 2025)

- **Total patients (UDS) (FY2024):** 69,974. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2025):** -138.6%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 14. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 15.5%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $29.0M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** -138.6%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center

## Audited financial statements (Federal Audit Clearinghouse)

Read from the FAC-11 template of the audited statements: every line, every ratio and every status column print as the template carries them, and no figure is withheld. A report's tie status says whether its statements foot; a ratio's plausibility status says whether it sits inside its possible range; a median of fewer than five values says so. The figures were not audited by Astrelis. Contract: https://astrelis.co/methodology/fqhc-audit-contract

### Trenton Medical Center, Inc d/b/a Palms Medical, FL

Match to this profile: matched by name (method: name and state).

- FY ending 2025-05-31 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-05-GSAFAC-0000381603
- FY ending 2024-05-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-05-GSAFAC-0000059042
- FY ending 2023-05-31 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-05-GSAFAC-0000004293

| Line | FY ending 2025-05-31 | FY ending 2024-05-31 | FY ending 2023-05-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 50,302,456 [derived, p.7] | 43,474,239 [derived, p.7] | 43,202,922 [derived, p.7] |
| patient receivables, net (Statement of financial position) | 5,210,930 [derived, p.7] | 4,091,365 [derived, p.7] | 4,373,215 [derived, p.7] |
| grants and other receivables (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| other current assets (Statement of financial position) | 2,043,220 [derived, p.7] | 1,756,889 [derived, p.7] | 1,394,104 [derived, p.7] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 57,556,606 [extracted, p.7] | 49,322,493 [extracted, p.7] | 48,970,241 [extracted, p.7] |
| property and equipment, net (Statement of financial position) | 32,723,226 [derived, p.7] | 33,082,972 [derived, p.7] | 26,749,122 [derived, p.7] |
| other long-term assets (Statement of financial position) | 1,144,921 [derived, p.7] | 768,828 [derived, p.7] | 1,460,207 [derived, p.7] |
| TOTAL ASSETS (Statement of financial position) | 91,424,753 [extracted, p.7] | 83,174,293 [extracted, p.7] | 77,179,570 [extracted, p.7] |
| payables and accrued expenses (Statement of financial position) | 2,375,547 [derived, p.7] | 2,216,514 [derived, p.7] | 1,496,668 [derived, p.7] |
| deferred revenue (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| current debt and leases (Statement of financial position) | 1,509,197 [derived, p.7] | 1,300,916 [derived, p.7] | 1,096,473 [derived, p.7] |
| other current liabilities (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 3,884,744 [extracted, p.7] | 3,517,430 [extracted, p.7] | 2,593,141 [extracted, p.7] |
| long-term debt and leases (Statement of financial position) | 3,362,860 [derived, p.7] | 4,556,315 [derived, p.7] | 5,502,799 [derived, p.7] |
| other long-term liabilities (Statement of financial position) | 1,015,530 [derived, p.7] | 458,888 [derived, p.7] | 533,148 [derived, p.7] |
| TOTAL LIABILITIES (Statement of financial position) | 8,263,134 [extracted, p.7] | 8,532,633 [extracted, p.7] | 8,629,088 [extracted, p.7] |
| net assets without donor restrictions (Statement of financial position) | 83,161,619 [derived, p.7] | 74,641,660 [derived, p.7] | 68,550,482 [derived, p.7] |
| net assets with donor restrictions (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL NET ASSETS (Statement of financial position) | 83,161,619 [extracted, p.7] | 74,641,660 [extracted, p.7] | 68,550,482 [extracted, p.7] |
| patient service revenue, net (Statement of activities) | 69,110,217 [derived, p.8] | 56,808,140 [derived, p.8] | 46,410,605 [derived, p.8] |
| pharmacy and 340B revenue (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| federal grants (Statement of activities) | 5,671,082 [derived, p.8] | 6,709,641 [derived, p.8] | 9,596,239 [derived, p.8] |
| other grants and contracts (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| contributions (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| other revenue (Statement of activities) | 2,970,645 [derived, p.8] | 2,084,504 [derived, p.8] | 3,238,393 [derived, p.8] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 77,751,944 [extracted, p.8] | 65,602,285 [extracted, p.8] | 59,245,237 [extracted, p.8] |
| salaries and benefits (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| supplies and pharmaceuticals (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| purchased and professional services (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| occupancy (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| depreciation and amortization (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| interest (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| other expenses (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL EXPENSES (Statement of activities) | 69,231,985 [extracted, p.8] | 59,511,107 [extracted, p.8] | 46,772,377 [extracted, p.8] |
| OPERATING RESULT (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| non-operating and other changes (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| CHANGE IN NET ASSETS (Statement of activities) | 8,519,959 [extracted, p.8] | 6,091,178 [extracted, p.8] | 12,472,860 [extracted, p.8] |
| net assets, beginning (Statement of activities) | 74,641,660 [extracted, p.8] | 68,550,482 [extracted, p.8] | 56,077,622 [extracted, p.8] |
| net assets, end (Statement of activities) | 83,161,619 [extracted, p.8] | 74,641,660 [extracted, p.8] | 68,550,482 [extracted, p.8] |

| Ratio | FY ending 2025-05-31 | FY ending 2024-05-31 | FY ending 2023-05-31 |
|---|---:|---:|---:|
| Days cash on hand | absent [not computed] | absent [not computed] | absent [not computed] |
| Current ratio | 14.82x [plausible] | 14.02x [plausible] | 18.88x [plausible] |
| Operating margin | absent [not computed] | absent [not computed] | absent [not computed] |
| Total margin | 11.0% [plausible] | 9.3% [plausible] | 21.1% [plausible] |
| Patient revenue share | 88.9% [plausible] | 86.6% [plausible] | 78.3% [plausible] |
| Grant dependency | absent [not computed] | absent [not computed] | absent [not computed] |
| Salaries share | absent [not computed] | absent [not computed] | absent [not computed] |
| Days in patient receivables | 28 days [plausible] | 26 days [plausible] | 34 days [plausible] |
| Debt to net assets | 0.06x [plausible] | 0.08x [plausible] | 0.10x [plausible] |
| Health center award share | absent [not computed] | absent [not computed] | absent [not computed] |

## Sources

HRSA Uniform Data System (awardee level; organization match Verified). CMS HCRIS cost reports, form CMS-224-14, as filed (the Medicare cost-report appendix). Federal Audit Clearinghouse single audits as filed (Trenton Medical Center, Inc d/b/a Palms Medical; FAC-11 template snapshot, SRC-FAC-001); the organization match is matched by name.

Methodology: https://astrelis.co/methodology · Data sources: https://astrelis.co/data-sources · Data philosophy: https://astrelis.co/data-philosophy

## Cite this page

Astrelis Atlas, "Trenton Medical Center, Inc. Dba Palms Medical Group", https://astrelis.co/providers/health_center/101936, release 2321a4fc37a7 (2026-10-22). Figures as filed in the named public sources; not audited by Astrelis.

Figures are as filed in the named public sources. Astrelis is not a CPA firm and performs no audit, review or attestation of any facility.