Hospital · Short-term acute hospital
Who owns Freestone Medical Center?
125 Newman St · Fairfield, TX · 75840
Overview
Beds37
Discharges236cost report 2024
Occupancy5%inpatient days ÷ bed days
Employees (FTE)81
Freestone Medical Center is a short-term acute hospital in Fairfield, Texas, operated by Fairfield Hospital District. Freestone County has 1 hospitals, 2 nursing homes and 0 urgent care centers.
Ownership
Freestone Medical Center is operated by Fairfield Hospital District.
- Operator
- Fairfield Hospital District
- Owner group
- Fairfield Hospital District
- Managed by
- Community Hospital Corporation · CMS ownership filing
- Ownership type
- Government (hospital district)
- Source
Ownership history
Every dated change of operator and owner for Freestone Medical Center, with the source for each.
Full ownership tree of Fairfield Hospital District
Every entity between this facility and its ultimate owner, with ownership percentages and dates.
Finances
From the hospital's Medicare cost report, fiscal year ending 2024.
| Net patient revenue | $15.7M |
| Operating expenses | $20.2M |
| Net income | −$1.6M |
| Net income as a share of net patient revenue | -10.5% |
| Uncompensated care cost | $2.2M |
| Charity care cost | $1.6M |
| Medicaid net revenue | $1.6M |
Payer mix by inpatient days (2024)
- Commercial and other 55.4%
- Medicare 44.6%
Services
Top inpatient services, Medicare (2024)
| Service | Discharges | Average total payment |
|---|---|---|
| Heart failure and shock with MCC · 291 | 12 | $13K |
| Simple pneumonia and pleurisy with MCC · 193 | 11 | $14K |
Top outpatient services, Medicare (2024)
| Service | Services |
|---|---|
| Comprehensive Observation Services · 8011 | 66 |
| Level 2 Musculoskeletal Procedures · 5112 | 15 |
| Level 3 Musculoskeletal Procedures · 5113 | 11 |
Medicare fee-for-service only. Small counts are suppressed by CMS.
Location and market
- Address
- 125 Newman St · Fairfield, TX · 75840
- County
- Freestone County
- State
- Texas
Hospitals in the county1
Nursing homes2
Urgent care centers0
Nearby hospitals
| Name | City | Distance |
|---|---|---|
| Parkview Regional Hospital | MEXIA | 18.6 mi |
| Limestone Medical Center | Groesbeck | 25.1 mi |
Sources and identifiers
- Operator: CMS Hospital Enrollments and All Owners (PECOS): hospital ownership graph
- Finances and payer mix: CMS hospital cost reports (HCRIS), fiscal year 2024
- Services: CMS Medicare inpatient and outpatient utilization
- Ownership type and beds: CMS Provider of Services file
- Location: CMS and Census Bureau geography
- CMS certification number
- 450658
- NPI
- 1235685892
- Last confirmed
- 2026-10-23
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