Short-term acute care hospital · Bennington, Vermont · 66 beds · CMS certification number 470012
Southwestern Vermont Medical Center
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 16, 2026. 30 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 $41.6M in its first year on file (1996) to $178.5M in 2025.
- Its result from patient care: −$48.6M (2023), −$44.8M (2024), −$48.9M (2025).
- All 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 13.5% of its inpatient days and Medicare for 36.8%.
- DARTMOUTH HITCHCOCK HEALTH 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.
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as submitted
Beside its peers
Hospitals of the same type (short-term acute care hospital), nearest in size, from Vermont first; each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Southwestern Vermont Medical Center | 66 | $178,537,892 | $227,470,562 | −27.4% |
| Brattleboro Memorial Hospital, Brattleboro | 47 | $95,808,984 | $127,382,814 | −33.0% |
| Central Vermont Medical Center, Barre | 68 | $236,457,358 | $332,183,878 | −40.5% |
| Northwestern Medical Center, Saint Albans | 53 | $128,072,627 | $148,133,484 | −15.7% |
| Rutland Regional Medical Center, Rutland | 134 | $356,306,516 | $360,860,970 | −1.3% |
| University of Vermont Medical Center, Burlington | 469 | $1,430,994,658 | $2,447,753,147 | −71.0% |
Patients and payers
- Discharges
- 2,718S-3 line 14, col 15
- Inpatient days
- 11,396S-3 line 14, col 8
- Beds in use, on an average day
- 31.3days ÷ days in year
- Occupancy
- 47.3%days ÷ bed days
- Medicare share of days
- 36.8%S-3 cols 6 ÷ 8
- Medicaid share of days
- 13.5%S-3 cols 7 ÷ 8
Who owns it
- DARTMOUTH HITCHCOCK HEALTH100%
- SOUTHWESTERN VERMONT HEALTHCARE100%
Related organizations on its own cost report: SVHC (100%), healthcare; DARTMOUTH HITCH (100%), home office.
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).
Community benefit, as filed
From IRS Form 990 Schedule H, Part I, filed by SOUTHWESTERN VERMONT MEDICAL CENTER (employer identification number 222563241) 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) | $30,792,777 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $861,934 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Medicaid (line 7b) | $23,820,814 | IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $24,682,748 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $6,110,029 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.1508 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202422279349303072. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by SOUTHWESTERN VERMONT MEDICAL CENTER (employer identification number 222563241) 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 |
|---|---|---|---|---|---|
| ANGIE MARANO | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| BRIAN BAREFOOT | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| BRIAN G O'GRADY | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| CAROL CONROY | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| CHRISTINE MILES | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| CODY J HOLLOWAY | ANESTHESIA ASSISTANT | Highest-compensated employee | $213,073 | $0 | $28,839 |
| CONNIE JASTREMSKI | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| DIMITRI GARDER | SECRETARY | Trustee/director, Officer | $0 | $0 | $0 |
| GEORGE KEADY | TRUSTEE (AS OF 10/2022) | Trustee/director | $0 | $0 | $0 |
| JOHN P LABERT | ANESTHESIA ASSISTANT | Highest-compensated employee | $246,185 | $0 | $9,237 |
| KATHLEEN FISHER | CHAIR | Trustee/director, Officer | $0 | $0 | $0 |
| KELSEY L BURAN | ANESTHESIA ASSISTANT | Highest-compensated employee | $231,985 | $0 | $17,691 |
| KEVIN P DAILEY | VP HR | Key employee | $390,516 | $0 | $77,691 |
| KRISTYN HARRINGTON | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| LESLIE J KEEFE | VP SVHC FOUNDATION | Key employee | $295,520 | $0 | $77,120 |
| MARY E CAMPBELL | ANESTHESIA ASSISTANT | Highest-compensated employee | $213,284 | $0 | $9,237 |
| MATTHEW VERNON | TRUSTEE | Trustee/director | $0 | $465,365 | $55,971 |
| MICHAEL E BRADY | TRUSTEE / DENTIST | Trustee/director | $176,442 | $0 | $226 |
| PAMELA A DUCHENE | CNO | Key employee | $349,084 | $0 | $76,378 |
| RICHARD ADER | TRUSTEE (THRU 09/2023) | Trustee/director | $0 | $0 | $0 |
| RICHARD J OGILVIE JR | VP CIO | Key employee | $272,341 | $0 | $47,193 |
| ROBERT VAN DEGNA | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| RONALD W ZIMMERMAN | DIRECTOR OF ENGINEERING | Highest-compensated employee | $200,800 | $0 | $36,887 |
| SCOTT ROGGE | TRUSTEE (THRU 09/2022) | Former | $0 | $756,539 | $37,340 |
| STANLEY STROUP | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| STEPHEN D MAJETICH | CFO/TREASURER | Officer | $787,033 | $0 | $148,798 |
| STEPHEN KELLY | VICE CHAIR | Trustee/director, Officer | $0 | $0 | $0 |
| THEMARGE SMALL | TRUSTEE (AS OF 10/2022) | Trustee/director | $0 | $473,452 | $61,078 |
| THOMAS A DEE | TRUSTEE / CEO SVHC | Trustee/director, Officer | $1,408,657 | $0 | $338,381 |
| THOMAS H GREEN III | TRUSTEE (AS OF 10/2022) | Trustee/director | $0 | $0 | $0 |
| WAYNE GRANQUIST | TRUSTEE | Trustee/director | $0 | $0 | $0 |
E-file object id 202422279349303072. The IRS archive it was read from.
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 470012. 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 16, 2026.