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Short-term acute care hospital · Hagerstown, Maryland · 236 beds · CMS certification number 210001

Meritus Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 5, 2025. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$524.5M
$524,509,247 · G-3 line 3
Operating expenses
$518.9M
$518,869,898 · G-3 line 4
Result from patient care
$5.6M
$5,639,349 · G-3 line 5
Margin on patient care
1.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $123.4M in its first year on file (1997) to $524.5M in 2025.
  • Its result from patient care: $6.1M (2023), $23.2M (2024), $5.6M (2025).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2025.
  • Medicaid paid for 8.7% of its inpatient days and Medicare for 41.0%.

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

29 years of filings

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

Net patient revenueOperating expenses
1997
reopened
$123.4M
$119.5M
1998
reopened
$122.3M
$124.8M
1999
reopened
$128.7M
$126.6M
2000
settled
$131.8M
$135.9M
2001
settled
$149.7M
$150.5M
2002
settled
$148.9M
$152.0M
2003
settled
$153.4M
$160.9M
2004
settled
$169.2M
$168.6M
2005
reopened
$176.8M
$175.6M
2006
settled
$187.7M
$187.9M
2007
settled
$204.1M
$203.6M
2008
settled
$223.7M
$219.0M
2009
settled
$230.9M
$231.4M
2010
settled
$237.5M
$243.9M
2011
as submitted
$260.9M
$261.9M
2012
settled
$276.2M
$284.0M
2013
settled
$281.4M
$285.9M
2014
settled
$283.8M
$292.3M
2015
settled
$299.3M
$298.8M
2016
settled
$305.1M
$299.1M
2017
settled
$319.2M
$309.2M
2018
settled
$323.8M
$314.7M
2019
settled
$321.3M
$331.8M
2020
settled
$314.2M
$326.4M
2021
settled
$381.6M
$340.0M
2022
settled
$381.1M
$385.0M
2023
settled
$396.2M
$390.1M
2024
settled
$458.8M
$435.5M
2025
as submitted
$524.5M
$518.9M

Beside its peers

Short-term acute care hospitals in Maryland with 200 to 399 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Meritus Medical Center236$524,509,247$518,869,8981.1%
Luminis Health Doctors Community Medical Center, Lanham226$274,795,681$285,655,000−4.0%
GBMC, Towson241$447,576,320$688,810,649−53.9%
Johns Hopkins Howard County Medical Center, Columbia245$339,623,789$349,774,663−3.0%
University of Maryland St. Joseph Medical Center, Towson235$435,270,610$412,039,9075.3%
Suburban Hospital, Bethesda253$390,310,578$417,802,214−7.0%

Patients and payers

Discharges
16,831
S-3 line 14, col 15
Inpatient days
78,534
S-3 line 14, col 8
Beds in use, on an average day
215.8
days ÷ days in year
Occupancy
91.2%
days ÷ bed days
Medicare share of days
41.0%
S-3 cols 6 ÷ 8
Medicaid share of days
8.7%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: MERITUS HOLDING (100%); MERITUS ENTERPR (100%).

Type of control on its cost report: voluntary nonprofit, other.

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by MERITUS MEDICAL CENTER INC (employer identification number 520607949) for tax year 2022. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$66,518,506IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$12,269,867IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$1,254,045IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$13,523,912IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$52,994,594IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.1291IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202411369349307001. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by MERITUS MEDICAL CENTER INC (employer identification number 520607949) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
AL MARTINDIRECTORTrustee/director$0$0$0
BARBARA JACOBS RNDIRECTORTrustee/director$0$0$0
CARRIE ADAMSCHIEF OPERATING OFFICERKey employee$431,366$0$70,153
DAVID LEHRCHIEF STRATEGY OFFICERKey employee$437,438$0$53,634
ERIN HERSHEYDIRECTORTrustee/director$0$0$0
GREGORY SNOOKDIRECTOR (THRU 12/2022)Trustee/director$0$0$0
IJEOMA IFEANYI-NWANZEPHYSICIANHighest-compensated employee$551,628$0$37,393
JAMES KERCHEVALDIRECTORTrustee/director$0$0$0
JAMES STOJAKDIRECTORTrustee/director$0$0$0
JOSEPH SCHULZ DOPHYSICIANHighest-compensated employee$650,602$0$31,928
JOSHUA REPACCFO/TREASURER (AS OF 7/2022)Officer$351,313$0$66,909
KENT REYNOLDSVICE CHAIRTrustee/director, Officer$0$0$0
KIRANPREET KHOSAPHYSICIANHighest-compensated employee$606,280$0$22,038
LYNN HAINESVP, LEGAL SERVICES/SECRETARYOfficer$272,939$0$56,935
MARY JC HENDRIX PHDDIRECTOR (THRU 12/2022)Trustee/director$0$0$0
MAULIK JOSHI DR PHPRESIDENT & CEOTrustee/director, Officer$1,095,877$0$216,346
MICHAEL MCCORMACK MDPHYSICIANHighest-compensated employee$594,858$0$31,056
NEIL JESUELEDIRECTOR (THRU 12/2022)Trustee/director$0$0$0
RALPH SALVAGNO MDDIRECTOR (THRU 12/2022)Trustee/director$24,462$0$1,509
REV DR D STUART DUNNANDIRECTOR (THRU 12/2022)Trustee/director$0$0$0
ROBERT GOETZ JRCHAIRMANTrustee/director, Officer$0$0$0
SCOTT WORRELL MDDIRECTORTrustee/director$0$0$0
SHAHEEN IQBAL MDDIRECTORTrustee/director$17,437$0$0
SHARON MAILEY PHD RNDIRECTOR (THRU 8/2022)Trustee/director$0$0$0
STEVEN HULLDIRECTOR (THRU 12/2022)Trustee/director$0$0$0
THOMAS T CHANFORMER CFO/TREASURERFormer$803,424$0$75,304
TOM AMALFITANO MDDIRECTORTrustee/director$45,833$0$0
VICTORIA GIFFI MDPHYSICIANHighest-compensated employee$825,734$0$35,202
WAYNE ALTER JRDIRECTOR (THRU 12/2022)Trustee/director$0$0$0
WILLIAM SU MDDIRECTORTrustee/director$0$0$0

E-file object id 202411369349307001. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 210001. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read December 5, 2025.