Velarion Records

Short-term acute care hospital · Keene, New Hampshire · 86 beds · CMS certification number 300019

Cheshire Medical Center/Dartmouth Hitchcock-Keene

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

Fiscal 2025 at a glance

Net patient revenue
$291.0M
$290,967,000 · G-3 line 3
Operating expenses
$339.3M
$339,337,708 · G-3 line 4
Result from patient care
−$48.4M
−$48,370,708 · G-3 line 5
Margin on patient care
−16.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $45.0M in its first year on file (1997) to $291.0M in 2025.
  • Its result from patient care: −$52.9M (2023), −$49.7M (2024), −$48.4M (2025).
  • 2 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 2.1% of its inpatient days and Medicare for 33.0%.

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
settled with audit
$45.0M
$45.5M
1998
as submitted
$44.9M
$46.1M
1999
reopened
$48.0M
$48.7M
2000
settled with audit
$51.5M
$56.4M
2001
settled with audit
$58.2M
$59.6M
2002
settled with audit
$47.7M
$48.8M
2003
settled
$70.6M
$71.3M
2004
settled
$76.8M
$77.1M
2005
settled
$85.2M
$86.6M
2006
settled
$117.3M
$114.9M
2007
reopened
$129.6M
$123.5M
2008
reopened
$139.6M
$137.1M
2009
reopened
$147.6M
$144.0M
2010
reopened
$153.5M
$149.4M
2011
reopened
$148.7M
$148.8M
2012
reopened
$115.9M
$116.2M
2013
reopened
$138.3M
$139.6M
2014
reopened
$141.3M
$139.2M
2015
settled
$148.7M
$147.5M
2016
settled
$161.8M
$170.5M
2017
settled
$200.1M
$167.4M
2018
settled
$205.8M
$169.8M
2019
settled
$220.3M
$218.9M
2020
settled with audit
$199.0M
$227.1M
2021
settled
$222.8M
$240.3M
2022
settled
$236.6M
$271.9M
2023
settled
$236.2M
$289.2M
2024
settled
$260.9M
$310.5M
2025
amended
$291.0M
$339.3M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from New Hampshire first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Cheshire Medical Center/Dartmouth Hitchcock-Keene86$290,967,000$339,337,708−16.6%
Concord Hospital-Laconia, Laconia91$153,923,304$165,298,666−7.4%
Exeter Hospital, Exeter98$306,839,056$288,666,9855.9%
Frisbie Memorial Hospital, Rochester39$63,553,902$88,009,956−38.5%
Parkland Medical Center, Derby68$183,006,427$85,017,39753.5%
Wentworth Douglass Hospital, Dover118$672,254,650$587,843,78012.6%

Patients and payers

Discharges
4,303
S-3 line 14, col 15
Inpatient days
17,328
S-3 line 14, col 8
Beds in use, on an average day
47.6
days ÷ days in year
Occupancy
55.2%
days ÷ bed days
Medicare share of days
33.0%
S-3 cols 6 ÷ 8
Medicaid share of days
2.1%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: DHH (100%), home office; DHH (100%), home office; NH LITHOTRIPSY, mobile lithotri; NH IMAGING, mobile pet scan; CHESHIRE HEALTH, healthcare.

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 300019. 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 30, 2026.