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Short-term acute care hospital · Holyoke, Massachusetts · 201 beds · CMS certification number 220024

Holyoke Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, amended, stamped by CMS August 12, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$247.3M
$247,312,881 · G-3 line 3
Operating expenses
$284.7M
$284,726,681 · G-3 line 4
Result from patient care
−$37.4M
−$37,413,800 · G-3 line 5
Margin on patient care
−15.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $51.7M in its first year on file (1996) to $247.3M in 2025.
  • Its result from patient care: −$46.2M (2023), −$38.7M (2024), −$37.4M (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 33.1% of its inpatient days and Medicare for 24.5%.
  • VALLEY HEALTH SYSTEMS INC holds 100% of it, on its Medicare enrollment.

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

30 years of filings

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

Net patient revenueOperating expenses
1996
reopened
$51.7M
$47.9M
1997
reopened
$67.2M
$57.8M
1998
reopened
$64.3M
$63.0M
1999
reopened
$62.7M
$64.8M
2000
reopened
$67.0M
$68.4M
2001
settled with audit
$69.4M
$72.6M
2002
settled with audit
$75.9M
$79.2M
2003
reopened
$77.7M
$82.8M
2004
reopened
$85.8M
$91.3M
2005
reopened
$95.0M
$98.2M
2006
reopened
$102.5M
$105.6M
2007
reopened
$109.4M
$113.1M
2008
reopened
$116.0M
$122.7M
2009
reopened
$111.4M
$116.8M
2010
reopened
$108.2M
$115.6M
2011
reopened
$114.5M
$118.6M
2012
reopened
$112.2M
$121.4M
2013
reopened
$105.7M
$116.5M
2014
reopened
$106.8M
$116.8M
2015
settled
$112.6M
$123.1M
2016
settled
$127.0M
$137.9M
2017
settled
$136.8M
$150.6M
2018
settled
$145.2M
$160.6M
2019
settled
$156.6M
$172.8M
2020
settled
$138.6M
$173.3M
2021
settled
$151.3M
$188.1M
2022
settled
$176.9M
$208.3M
2023
settled
$191.9M
$238.1M
2024
as submitted
$217.8M
$256.5M
2025
amended
$247.3M
$284.7M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Holyoke Medical Center201$247,312,881$284,726,681−15.1%
Berkshire Medical Center, Pittsfield238$571,189,132$704,526,056−23.3%
Cambridge Health Alliance, Malden225$459,240,867$1,086,264,718−136.5%
Boston Medical Center - South, Brockton208$255,039,888$337,144,466−32.2%
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
7,416
S-3 line 14, col 15
Inpatient days
37,372
S-3 line 14, col 8
Beds in use, on an average day
102.7
days ÷ days in year
Occupancy
50.9%
days ÷ bed days
Medicare share of days
24.5%
S-3 cols 6 ÷ 8
Medicaid share of days
33.1%
S-3 cols 7 ÷ 8

Who owns it

  • VALLEY HEALTH SYSTEMS INC100%

Related organizations on its own cost report: CERTAIN DIRECTO; CERTAIN DIRECTO; CERTAIN DIRECTO; CERTAIN DIRECTO.

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

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by Holyoke Medical Center Inc (employer identification number 222520073) 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)$17,723,915IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$396,468IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$414,062IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$810,530IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$16,913,385IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0736IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202432259349300638. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by Holyoke Medical Center Inc (employer identification number 222520073) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
Alexander Berry MDUrologistHighest-compensated employee$1,122,830$0$27,984
Daniel McIntireDirector (start 5/2023)Trustee/director$0$0$0
Dean VitarisiTreasurer & CFOTrustee/director, Officer$0$338,192$25,084
Hariharan Subramanian MDCardiologistHighest-compensated employee$762,458$0$6,002
Idelia SmithChair (end 2/2023); DirectorTrustee/director, Officer$0$0$0
John HazenDirectorTrustee/director$0$0$0
John Mazzucco MDDirector/General SurgeonTrustee/director$466,171$0$17,931
Marc J Zerbe MDObstetrician / GynecologisHighest-compensated employee$930,088$0$27,984
Mary Jo MaydewDirectorTrustee/director$0$0$0
Michael MarcotteDirector; Vice Chair (start 2/2023)Trustee/director, Officer$0$0$0
Michael SugrueDirectorTrustee/director$0$0$0
Nirav R Sheth MDCardiologistHighest-compensated employee$827,018$0$27,984
Noah J Epstein MDOrthopedic SurgeonHighest-compensated employee$1,061,803$0$27,984
Sara LawrenceDirectorTrustee/director$0$0$0
Shannon GurekDirectorTrustee/director$0$0$0
Simon Ahtaridis MDDirector/Med. DirectorTrustee/director$371,499$0$42,908
Spiridon E HatirasPresident & CEO, ClerkTrustee/director, Officer$0$907,453$73,368
Tom Buck MDDirectorTrustee/director$0$0$0
Tricia KossVice Chair (end 2/2023); ChairTrustee/director, Officer$0$0$0

E-file object id 202432259349300638. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 220024. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read August 12, 2026.