Velarion Records

Short-term acute care hospital · Malden, Massachusetts · 225 beds · CMS certification number 220011

Cambridge Health Alliance

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS September 23, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$459.2M
$459,240,867 · G-3 line 3
Operating expenses
$1.1B
$1,086,264,718 · G-3 line 4
Result from patient care
−$627.0M
−$627,023,851 · G-3 line 5
Margin on patient care
−136.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $156.9M in its first year on file (1997) to $459.2M in 2025.
  • Its result from patient care: −$562.5M (2023), −$604.2M (2024), −$627.0M (2025).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 21.8% of its inpatient days and Medicare for 12.4%.

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
$156.9M
$173.3M
1998
reopened
$154.2M
$155.0M
1999
settled with audit
$157.0M
$176.3M
2000
reopened
$151.0M
$193.9M
2001
reopened
$133.3M
$214.5M
2002
reopened
$95.5M
$296.4M
2003
settled with audit
$90.9M
$338.7M
2004
settled with audit
$63.8M
$368.0M
2005
reopened
$195.1M
$445.9M
2006
reopened
$414.2M
$495.5M
2007
reopened
not filed
$546.6M
2008
reopened
not filed
$594.0M
2009
reopened
$303.5M
$566.1M
2010
reopened
$274.7M
$518.0M
2011
reopened
$287.0M
$532.6M
2012
reopened
$320.7M
$560.7M
2013
reopened
$309.2M
$584.1M
2014
reopened
$323.9M
$589.1M
2015
reopened
$337.1M
$603.7M
2016
reopened
$328.0M
$628.1M
2017
reopened
$351.5M
$638.0M
2018
reopened
$360.7M
$684.8M
2019
reopened
$335.0M
$691.7M
2020
reopened
$315.5M
$746.3M
2021
reopened
$358.6M
$787.3M
2022
settled
$367.6M
$847.3M
2023
settled
$383.9M
$946.4M
2024
as submitted
$430.6M
$1.0B
2025
as submitted
$459.2M
$1.1B

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Cambridge Health Alliance225$459,240,867$1,086,264,718−136.5%
Berkshire Medical Center, Pittsfield238$571,189,132$704,526,056−23.3%
Boston Medical Center - South, Brockton208$255,039,888$337,144,466−32.2%
Holyoke Medical Center, Holyoke201$247,312,881$284,726,681−15.1%
Newton-Wellesley Hospital, Newton240$739,365,553$767,308,693−3.8%
St. Elizabeth's Medical Center, Boston230$297,793,323$442,555,146−48.6%

Patients and payers

Discharges
7,870
S-3 line 14, col 15
Inpatient days
43,339
S-3 line 14, col 8
Beds in use, on an average day
119.1
days ÷ days in year
Occupancy
52.8%
days ÷ bed days
Medicare share of days
12.4%
S-3 cols 6 ÷ 8
Medicaid share of days
21.8%
S-3 cols 7 ÷ 8

Who owns it

Type of control on its cost report: governmental, other.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 220011. 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 September 23, 2026.