Velarion Records

Short-term acute care hospital · Boston, Massachusetts · 62 beds · CMS certification number 220088

New England Baptist Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 2, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$179.2M
$179,184,505 · G-3 line 3
Operating expenses
$223.4M
$223,434,709 · G-3 line 4
Result from patient care
−$44.3M
−$44,250,204 · G-3 line 5
Margin on patient care
−24.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $87.5M in its first year on file (1996) to $179.2M in 2025.
  • Its result from patient care: −$27.2M (2023), −$42.7M (2024), −$44.3M (2025).
  • 3 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 2.7% of its inpatient days and Medicare for 53.3%.
  • BETH ISRAEL LAHEY HEALTH, 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
$87.5M
$92.6M
1997
reopened
$79.7M
$82.0M
1998
reopened
$83.6M
$89.0M
1999
settled with audit
$82.5M
$88.9M
2000
reopened
$87.3M
$98.6M
2001
reopened
$95.3M
$105.8M
2002
settled with audit
$102.5M
$136.3M
2003
settled with audit
$118.7M
$133.6M
2004
settled with audit
$131.6M
$136.3M
2005
reopened
$146.9M
$147.7M
2006
settled with audit
$157.4M
$161.3M
2007
settled
$159.1M
$164.5M
2008
settled
$163.9M
$172.8M
2009
reopened
$172.1M
$181.4M
2010
reopened
$185.1M
$189.8M
2011
reopened
$188.5M
$194.2M
2012
reopened
$205.7M
$207.0M
2013
reopened
$206.7M
$214.2M
2014
reopened
$220.4M
$233.6M
2015
settled
$227.3M
$238.7M
2016
settled
$225.1M
$236.1M
2017
settled
$223.6M
$234.1M
2018
settled
$225.0M
$237.2M
2019
reopened
$225.4M
$233.8M
2020
reopened
$189.0M
$219.8M
2021
settled
$216.0M
$224.6M
2022
settled
$221.2M
$231.3M
2023
settled
$215.7M
$243.0M
2024
as submitted
$201.0M
$243.6M
2025
as submitted
$179.2M
$223.4M

Beside its peers

Short-term acute care hospitals in Massachusetts with 50 to 99 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
New England Baptist Hospital62$179,184,505$223,434,709−24.7%
Anna Jaques Hospital, Newburyport83$126,826,101$157,869,128−24.5%
Baystate Noble Hospital, Westfield50$83,858,961$81,859,2852.4%
Beth Israel Deaconess Hospital - Needham, Needham73$167,637,960$170,371,291−1.6%
Falmouth Hospital Association, Falmouth81$194,558,727$188,947,7682.9%
Marlborough Hospital, Marlborough79$116,079,238$117,476,246−1.2%

Patients and payers

Discharges
2,474
S-3 line 14, col 15
Inpatient days
7,564
S-3 line 14, col 8
Beds in use, on an average day
20.8
days ÷ days in year
Occupancy
33.4%
days ÷ bed days
Medicare share of days
53.3%
S-3 cols 6 ÷ 8
Medicaid share of days
2.7%
S-3 cols 7 ÷ 8

Who owns it

  • BETH ISRAEL LAHEY HEALTH, INC.100%

Related organizations on its own cost report: BETH ISRAEL LAHEY HEALTH, healthcare.

Other hospitals with the same owner: Mount Auburn Hospital (MA), Anna Jaques Hospital (MA), Beverly Hospital, Addison Gilbert Hospital, Bay Ridge Hospital (MA), Beth Israel Deaconess Hospital Plymouth (MA), Beth Israel Deaconess Hospital - Needham (MA), Beth Israel Deaconess Medical Center (MA), Winchester Hospital (MA), Beth Israel Deaconess Hospital-Milton (MA), Lahey Clinic (MA).

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 220088. 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 2, 2026.