Velarion Records

Short-term acute care hospital · Medford, Massachusetts · 160 beds · CMS certification number 220070

Melrosewakefield Healthcare

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 6, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$259.4M
$259,416,813 · G-3 line 3
Operating expenses
$285.8M
$285,768,160 · G-3 line 4
Result from patient care
−$26.4M
−$26,351,347 · G-3 line 5
Margin on patient care
−10.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $56.9M in its first year on file (1996) to $259.4M in 2025.
  • Its result from patient care: −$45.3M (2023), −$46.4M (2024), −$26.4M (2025).
  • 4 of the 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 5.1% of its inpatient days and Medicare for 38.6%.
  • WELLFORCE 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
$56.9M
$53.6M
1997
reopened
$55.6M
$57.2M
1998
reopened
$49.0M
$59.1M
1999
reopened
$52.3M
$76.3M
2000
reopened
$203.7M
$241.1M
2001
reopened
$196.9M
$214.4M
2002
reopened
$173.4M
$189.3M
2003
reopened
$199.5M
$206.0M
2004
reopened
$216.7M
$222.2M
2005
reopened
$222.0M
$231.5M
2006
reopened
$239.1M
$245.3M
2007
reopened
$258.1M
$267.0M
2008
reopened
$255.3M
$265.5M
2009
reopened
$258.6M
$256.7M
2010
reopened
$262.1M
$260.5M
2011
reopened
$267.8M
$267.3M
2012
reopened
$270.6M
$271.9M
2013
reopened
$242.6M
$257.1M
2014
reopened
$237.0M
$251.1M
2015
reopened
$243.4M
$256.8M
2016
reopened
$237.7M
$265.7M
2017
reopened
$238.6M
$260.8M
2018
reopened
$225.7M
$233.5M
2019
reopened
$221.1M
$227.4M
2020
reopened
$195.0M
$231.4M
2021
reopened
$215.0M
$245.9M
2022
as submitted
$217.5M
$310.1M
2023
as submitted
$241.2M
$286.5M
2024
as submitted
$234.3M
$280.7M
2025
as submitted
$259.4M
$285.8M

Beside its peers

Short-term acute care hospitals in Massachusetts with 100 to 199 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Melrosewakefield Healthcare160$259,416,813$285,768,160−10.2%
Beth Israel Deaconess Hospital Plymouth, Plymouth151$372,348,436$383,875,681−3.1%
Brigham and Women's Faulkner Hospital, Jamaica Plain164$415,662,867$434,649,495−4.6%
Brown University Health Saint Anne's Hospital, Fall River152$281,438,731$310,166,029−10.2%
Mercy Medical Center, Springfield150$292,708,329$367,210,330−25.4%
Winchester Hospital, Winchester183$366,040,662$351,231,2464.0%

Patients and payers

Discharges
8,781
S-3 line 14, col 15
Inpatient days
34,715
S-3 line 14, col 8
Beds in use, on an average day
95.4
days ÷ days in year
Occupancy
59.4%
days ÷ bed days
Medicare share of days
38.6%
S-3 cols 6 ÷ 8
Medicaid share of days
5.1%
S-3 cols 7 ÷ 8

Who owns it

  • WELLFORCE INC100%

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).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 220070. 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 March 6, 2026.