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Critical access hospital · Belfast, Maine · 25 beds · CMS certification number 201312

Mainehealth Waldo Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, amended, stamped by CMS June 26, 2026. Twenty years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$149.5M
$149,482,371 · G-3 line 3
Operating expenses
$138.6M
$138,648,545 · G-3 line 4
Result from patient care
$10.8M
$10,833,826 · G-3 line 5
Margin on patient care
7.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $42.1M in its first year on file (2006) to $149.5M in 2025.
  • Its result from patient care: $958K (2023), $4.1M (2024), $10.8M (2025).
  • 1 of the 5 critical access hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2025.
  • Medicaid paid for 14.5% of its inpatient days and Medicare for 24.1%.
  • MAINEHEALTH SERVICES holds 100% of it, on its Medicare enrollment.

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.

Net patient revenueOperating expenses
2006
settled with audit
$42.1M
$41.0M
2007
settled
$46.4M
$46.1M
2008
settled
$55.1M
$55.6M
2009
settled with audit
$61.7M
$61.0M
2010
settled
$64.6M
$62.4M
2011
settled
$76.5M
$69.0M
2012
settled
$74.6M
$70.5M
2013
settled
$70.7M
$69.9M
2014
settled with audit
$77.4M
$74.7M
2015
settled
$86.5M
$77.6M
2016
reopened
$87.2M
$85.2M
2017
settled with audit
$94.7M
$92.6M
2018
settled
$96.0M
$98.3M
2019
settled
$78.3M
$79.5M
2020
settled
$95.8M
$105.7M
2021
settled
$108.1M
$106.3M
2022
as submitted
$115.4M
$122.8M
2023
as submitted
$127.5M
$126.5M
2024
as submitted
$135.6M
$131.5M
2025
amended
$149.5M
$138.6M

Beside its peers

Critical access hospitals in Maine with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Mainehealth Waldo Hospital25$149,482,371$138,648,5457.2%
Northern Light Blue Hill Hospital, Blue Hill25$36,856,588$41,179,597−11.7%
Northern Light C A Dean Hospital, Greenville25$22,692,691$25,352,052−11.7%
Mainehealth Lincoln Hospital, Boothbay Harbor25$160,590,404$154,248,8004.0%
Mount Desert Island Hospital, Bar Harbor25$85,192,893$92,039,691−8.0%
Penobscot Valley Hospital, Lincoln25$24,690,936$25,502,524−3.3%

Patients and payers

Discharges
1,080
S-3 line 14, col 15
Inpatient days
7,305
S-3 line 14, col 8
Beds in use, on an average day
20.1
days ÷ days in year
Occupancy
80.0%
days ÷ bed days
Medicare share of days
24.1%
S-3 cols 6 ÷ 8
Medicaid share of days
14.5%
S-3 cols 7 ÷ 8

Who owns it

  • MAINEHEALTH SERVICES100%

Related organizations on its own cost report: COASTAL HEALTHC; MAINEHEALTH; MAINE MEDICAL C; NORDX; MAINE BEHAVIORA.

Other hospitals with the same owner: Mainehealth Maine Medical Center (ME), Mainehealth Mid Coast Hospital (ME), Mainehealth Pen Bay Hospital (ME), Mainehealth Lincoln Hospital (ME), Mainehealth Stephens Hospital (ME), Mainehealth Franklin Hospital (ME), Mainehealth Behavioral Health at Spring Harbor (ME).

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 201312. 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 June 26, 2026.