Critical access hospital · Plymouth, New Hampshire · 25 beds · CMS certification number 301311
Speare Memorial Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 19, 2025. Twenty years on file, every one shown below. Also on the 340B covered-entity register.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $34.0M in its first year on file (2006) to $78.8M in 2025.
- Its result from patient care: −$4.4M (2023), −$6.1M (2024), −$5.7M (2025).
- 3 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
- Medicaid paid for 0.5% of its inpatient days and Medicare for 32.1%.
Every statement is drawn from figures on this page; nothing is estimated.
Twenty years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Critical access hospitals in New Hampshire with 25 to 49 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Speare Memorial Hospital | 25 | $78,756,884 | $84,452,385 | −7.2% |
| Cottage Hospital, Woodsville | 25 | $38,107,048 | $44,055,987 | −15.6% |
| Littleton Regional Healthcare, Littleton | 25 | $112,534,882 | $132,750,970 | −18.0% |
| Mainehealth Memorial Hospital, North Conway | 25 | $132,586,530 | $127,016,401 | 4.2% |
| New London Hospital, New London | 25 | $101,980,676 | $97,887,935 | 4.0% |
| Hartzler Health, Lancaster | 25 | $74,941,640 | $88,886,074 | −18.6% |
Patients and payers
- Discharges
- 870S-3 line 14, col 15
- Inpatient days
- 3,078S-3 line 14, col 8
- Beds in use, on an average day
- 8.5days ÷ days in year
- Occupancy
- 33.7%days ÷ bed days
- Medicare share of days
- 32.1%S-3 cols 6 ÷ 8
- Medicaid share of days
- 0.5%S-3 cols 7 ÷ 8
Who owns it
Type of control on its cost report: voluntary nonprofit, other.
Community benefit, as filed
From IRS Form 990 Schedule H, Part I, filed by Speare Memorial Hospital (employer identification number 020226774) 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) | $7,040,611 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $265,376 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Medicaid (line 7b) | $6,338,376 | IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $6,603,752 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $436,859 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.0912 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202401349349302180. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by Speare Memorial Hospital (employer identification number 020226774) 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 |
|---|---|---|---|---|---|
| Andrew Seefeld MD | Physician | Highest-compensated employee | $465,519 | $0 | $77,751 |
| Bruce Wiggett | Chair | Trustee/director, Officer | $0 | $0 | $0 |
| Dolores Hopper | Director | Trustee/director | $0 | $0 | $0 |
| Elizabeth Kleiner | Director | Trustee/director | $0 | $0 | $0 |
| Jeanie Forrester | Past Director | Trustee/director | $0 | $0 | $0 |
| Jonathan Beach | Physician | Highest-compensated employee | $390,866 | $0 | $71,182 |
| Joseph Ebner MD | CMO | Key employee | $315,727 | $0 | $59,980 |
| Julie Bernier | Secretary | Trustee/director, Officer | $0 | $0 | $0 |
| Kevin Young MD | Vice Chair | Trustee/director, Officer | $0 | $0 | $0 |
| Lisa Baker | Director/Physician | Trustee/director | $122,816 | $0 | $36,426 |
| Margaret Turner | Director | Trustee/director | $0 | $0 | $0 |
| Michelle McEwen | CEO | Trustee/director, Officer | $388,684 | $0 | $59,899 |
| Nancy Pierce | Interim CFO | Officer | $108,279 | $0 | $25,252 |
| Nancy Puglisi | Director | Trustee/director | $0 | $0 | $0 |
| Patrick Miller | Director | Trustee/director | $0 | $0 | $0 |
| Paul Musco MD | Physician | Highest-compensated employee | $533,583 | $0 | $67,923 |
| Ralph Broadwater | Physician | Highest-compensated employee | $379,601 | $0 | $63,799 |
| Robert Maloney | Treasurer | Trustee/director, Officer | $0 | $0 | $0 |
| Sandra Jones | Past Director | Trustee/director | $0 | $0 | $0 |
| Savan Patel | Physician | Highest-compensated employee | $395,596 | $0 | $32,397 |
| Steven Camerino | Director | Trustee/director | $0 | $0 | $0 |
| Susan Scrimshaw | Director | Trustee/director | $0 | $0 | $0 |
| Thomas Myrick | Director | Trustee/director | $0 | $0 | $0 |
| Travis Boucher | Past CFO | Officer | $209,073 | $0 | $55,517 |
| Walter Johnson | Director | Trustee/director | $0 | $0 | $0 |
E-file object id 202401349349302180. The IRS archive it was read from.
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 301311. 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 December 19, 2025.