Medicare cost report · CMS certification number 301306
CONCORD HOSPITAL - FRANKLIN
FRANKLIN, New Hampshire · critical access hospital
Buy the report: $295Filing alerts: $390/year · The register under license: from $25,000/year
Figures for October 1, 2024 to September 30, 2025 — a reporting period of 364 days, on form CMS-2552-10, as submitted.
This hospital also appears on the 340B covered-entity register: Concord Hospital - Franklin.
Finances, as filed
From this hospital’s Medicare cost report for the year ended September 30, 2025.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total operating expenses | $29,335,226 | CMS-2552-10 worksheet G300000 line 400 column 100 |
| Income from service to patients | −$29,335,226 | CMS-2552-10 worksheet G300000 line 500 column 100 |
| Charity care, at charges | $521,517 | CMS-2552-10 worksheet S100001 line 2000 column 300 |
| Charity care, at cost | $413,747 | CMS-2552-10 worksheet S100001 line 2300 column 300 |
| Bad debt expense | $3,341,854 | CMS-2552-10 worksheet S100001 line 2600 column 100 |
| Bad debt other than Medicare, at cost | $1,106,451 | CMS-2552-10 worksheet S100001 line 2900 column 100 |
| Uncompensated care, at cost | $1,520,198 | CMS-2552-10 worksheet S100001 line 3000 column 100 |
| Total facility beds | 25 | CMS-2552-10 worksheet S300001 line 1400 column 200 |
| Cost-to-charge ratio | 0.3290 | CMS-2552-10 worksheet S100001 line 100 column 100 |
Cost report filed under CMS certification number 301306 for October 1, 2024 to September 30, 2025, as submitted. The public file it was read from.
Community benefit, as filed
From IRS Form 990 Schedule H, Part I, filed by Concord Hospital - Franklin (employer identification number 851433123) for tax year 2022. The return lists this hospital as its one hospital facility.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total community benefit expense (line 7k) | $3,090,837 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $405,354 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $405,354 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $2,685,483 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.12 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202441839349300224. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by Concord Hospital - Franklin (employer identification number 851433123) for tax year 2022. The return lists this hospital as its one hospital facility.
| Name | Title | Role | Reportable comp, from this organization | Reportable comp, from related organizations | Other compensation |
|---|---|---|---|---|---|
| Charles Fanaras | Vice Chair (start 1/2023) | Trustee/director, Officer | $0 | $0 | $0 |
| Cheryl Baines MD | Physician | Highest-compensated employee | $0 | $190,748 | $20,321 |
| Jo-Ann Lopez Valles MD | Physician | Highest-compensated employee | $0 | $192,610 | $20,243 |
| John Lombard MD | Physician | Highest-compensated employee | $0 | $185,705 | $21,295 |
| Kevin Donovan | Former Chief Admin Officer | Former | $0 | $419,689 | $6,598 |
| Kevin McCarthy | Chief Administrative Officer | Key employee | $0 | $386,613 | $95,874 |
| Lucy Karl Esq | Trustee (start 1/2023) | Trustee/director | $0 | $0 | $0 |
| Manisha Patel DDS | Chair | Trustee/director, Officer | $0 | $0 | $0 |
| Mary Abigail Dacuycuy MD | Physician | Highest-compensated employee | $0 | $191,276 | $23,854 |
| Mary Bakken | System Chief Operating Officer | Key employee | $0 | $491,329 | $46,540 |
| Matthew Gibb | Chief Clinical Officer | Key employee | $0 | $839,758 | $116,011 |
| Melissa Hanrahan MD | Physician | Highest-compensated employee | $0 | $201,641 | $25,378 |
| Philip Emma | Chair (end 1/2023) | Trustee/director, Officer | $0 | $0 | $0 |
| Robert P Steigmeyer | President & CEO, Member Ex-Officio | Trustee/director, Officer | $0 | $1,440,673 | $303,393 |
| Robert Segal | Trustee | Trustee/director | $0 | $0 | $0 |
| Scott Sloane | Senior VP, CFO, & Treasurer | Officer | $0 | $636,917 | $143,367 |
| Sol Asmar | Trustee (end 1/2023) | Trustee/director | $0 | $0 | $0 |
| William Chapman Esq | Secretary | Trustee/director, Officer | $0 | $0 | $0 |
E-file object id 202441839349300224. The IRS archive it was read from.
This hospital’s current CEO’s pay is also benchmarked against its state, facility-class and bed-band peers in the 990 Hospital CEO Pay Benchmark.
Where this hospital sits among its peers
A position, not a grade. Each line names the figure, how it is measured, and the hospitals it is placed among: critical access hospitals in the same state and the same bed-size band, each on its latest filed year. Under it, the same figure across every hospital that filed for the year — a larger set, and a different one.
- 9thpercentile of 11 hospitals in NH, same facility class, 25 to 49 bedsTotal operating expenses, in dollars, as filed
Total operating expenses across every hospital that filed for 2025, in every state and of every size, with this one marked.
Total operating expenses (CMS-2552-10 worksheet G300000 line 400 column 100)
Middle half between $27,953,478 and $268,914,289, median $72,935,955, across 5,819 hospitals that filed for 2025, in every state and of every size.
- 10thpercentile of 10 hospitals in NH, same facility class, 25 to 49 bedsCharity care, at cost, in dollars, as filed
- 27thpercentile of 11 hospitals in NH, same facility class, 25 to 49 bedsUncompensated care, at cost, in dollars, as filed
- 100thpercentile of 11 hospitals in NH, same facility class, 25 to 49 bedsTotal facility beds, a count of beds, as filed
Total facility beds across every hospital that filed for 2025, in every state and of every size, with this one marked.
Total facility beds (CMS-2552-10 worksheet S300001 line 1400 column 200)
Middle half between 25 and 168, median 64, across 5,777 hospitals that filed for 2025, in every state and of every size.
- 9thpercentile of 11 hospitals in NH, same facility class, 25 to 49 bedsCost-to-charge ratio, the ratio, as filed
Cost-to-charge ratio across every hospital that filed for 2025, in every state and of every size, with this one marked.
Cost-to-charge ratio (CMS-2552-10 worksheet S100001 line 100 column 100)
Middle half between 0.1809 and 0.4503, median 0.2651, across 4,413 hospitals that filed for 2025, in every state and of every size.
Peers and history
Every Medicare cost report this hospital has filed, with the date CMS stamped each one, and five hospitals of its own size in New Hampshire beside it — each figure with the cell it came from — are in one signed, dated document. The citable document with peers and history — $295.
Get an email when this record changes
One email a day naming what moved on CONCORD HOSPITAL - FRANKLIN: the field, the value before, the value after, and the date of the file that first showed it.
The filing alert follows cost reports: one named person, one hospital, invoiced once a year. The certification number arrives filled in because you are on this hospital's own record.
On February 26, 2026, a cost report was filed for fiscal year 2025. That is one line of the filing alert.
Take these figures as a spreadsheet The citable document with peers and history
Other public records in New Hampshire
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- BEDFORD SANITARY SEWER SYSTEM, BEDFORD Water discharge permit
- MARLBOROUGH SANITARY SEWER SYSTEM, MARLBOROUGH Water discharge permit
- PEMBROKE SANITARY SEWER SYSTEM, PEMBROKE Water discharge permit
- GOFFSTOWN SANITARY SEWER SYSTEM, GOFFSTOWN Water discharge permit
- LONDONDERRY SANITARY SEWER SYSTEM, LONDONDERRY Water discharge permit
- CENTER HARBOR/MOULTONBOROUGH SANITARY SEWER SYSTEM, CENTER HARBOR Water discharge permit
- GLOBAL CONSTRUCTION CORP., GILFORD Air emission source
- CARBON FELT INC., CLAREMONT Air emission source
- NEWPORT SAND & GRAVEL CO., INC., NEWPORT Air emission source
- CROWN POINT CABINETRY, CLAREMONT Air emission source
- KENNEBEC LUMBER COMPANY - SPRINGFIELD, SPRINGFIELD Air emission source
- CANAM BRIDGES US INC., CLAREMONT Air emission source
- NEWPORT WASTEWATER TREATMENT FACILITY, NEWPORT Air emission source
- FRESENIUS KIDNEY CARE - CLAREMONT NH (#101190), CLAREMONT Air emission source
Every figure on this page is printed as it appears in this hospital’s Medicare cost report, filed under CMS certification number 301306 on form CMS-2552-10, publication year 2025, file HOSP10FY2025.ZIP.
How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read February 26, 2026.
The full report for CONCORD HOSPITAL - FRANKLIN
Every figure on this page as a document you can keep, file or send on: the finances as filed with the worksheet, line and column each one came from, five hospitals of a similar size in the same state, the contract-pharmacy network year by year, and what changed on the record.
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