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Short-term acute care hospital · Greenfield, Massachusetts · 89 beds · CMS certification number 220016

Baystate Franklin Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 9, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$127.5M
$127,469,308 · G-3 line 3
Operating expenses
$138.8M
$138,834,756 · G-3 line 4
Result from patient care
−$11.4M
−$11,365,448 · G-3 line 5
Margin on patient care
−8.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $55.0M in its first year on file (1996) to $127.5M in 2025.
  • Its result from patient care: −$13.0M (2023), −$11.2M (2024), −$11.4M (2025).
  • 4 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 10.4% of its inpatient days and Medicare for 30.8%.
  • BAYSTATE HEALTH, INC 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.

Net patient revenueOperating expenses
1996
as submitted
$55.0M
$60.0M
1997
settled
$56.6M
$60.1M
1998
settled
$52.9M
$58.4M
1999
settled
$53.7M
$58.7M
2000
settled
$52.7M
$58.1M
2001
reopened
$55.7M
$60.6M
2002
settled with audit
$60.1M
$63.4M
2003
settled
$65.2M
$68.2M
2004
reopened
$67.4M
$68.9M
2005
reopened
$69.6M
$70.9M
2006
reopened
$72.8M
$75.4M
2007
reopened
$75.8M
$79.2M
2008
settled
$79.0M
$82.7M
2009
settled
$81.2M
$83.4M
2010
reopened
$74.4M
$80.9M
2011
reopened
$71.9M
$79.9M
2012
reopened
$77.6M
$80.9M
2013
reopened
$71.5M
$78.6M
2014
settled
$78.6M
$81.5M
2015
settled
$89.8M
$88.3M
2016
settled
$93.4M
$95.9M
2017
reopened
$92.2M
$98.6M
2018
settled
$93.7M
$101.0M
2019
settled
$99.0M
$104.4M
2020
settled
$86.3M
$102.8M
2021
settled
$96.0M
$109.5M
2022
settled
$98.1M
$120.7M
2023
settled
$115.3M
$128.3M
2024
as submitted
$122.2M
$133.4M
2025
as submitted
$127.5M
$138.8M

Beside its peers

Short-term acute care hospitals in Massachusetts with 50 to 99 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Baystate Franklin Medical Center89$127,469,308$138,834,756−8.9%
Anna Jaques Hospital, Newburyport83$126,826,101$157,869,128−24.5%
Beth Israel Deaconess Hospital - Needham, Needham73$167,637,960$170,371,291−1.6%
Falmouth Hospital Association, Falmouth81$194,558,727$188,947,7682.9%
Brown University Health Morton Hospital, Taunton93$138,284,427$183,390,919−32.6%
Marlborough Hospital, Marlborough79$116,079,238$117,476,246−1.2%

Patients and payers

Discharges
4,526
S-3 line 14, col 15
Inpatient days
20,166
S-3 line 14, col 8
Beds in use, on an average day
55.4
days ÷ days in year
Occupancy
62.1%
days ÷ bed days
Medicare share of days
30.8%
S-3 cols 6 ÷ 8
Medicaid share of days
10.4%
S-3 cols 7 ÷ 8

Who owns it

  • BAYSTATE HEALTH, INC100%

Related organizations on its own cost report: BMP, physcn svc; BAS, management co; BHF, foundation; BMC, hospital; BMP, physcn svc.

Other hospitals with the same owner: Baystate Wing Hospital & Medical Centers (MA), Baystate Noble Hospital (MA), Baystate Medical Center (MA).

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 BAYSTATE FRANKLIN MEDICAL CENTER (employer identification number 042103575) for tax year 2022. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$9,452,201IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$679,577IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$4,267,303IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$5,041,366IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$4,410,835IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0737IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202412269349300111. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by BAYSTATE FRANKLIN MEDICAL CENTER (employer identification number 042103575) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
AKINYELE K LOVELACE DOTRUSTEE/PER DIEM INTERNISTTrustee/director$66,500$0$779
ANTONIO E DOS SANTOSTRUSTEE (AS OF 1/1/23)Trustee/director$0$0$0
CAROL J LAVALLEYNUTRITION ASSISTANTHighest-compensated employee$156,497$0$37,061
CLAUDIA R COPLEIN DOTRUSTEETrustee/director$0$0$0
COLLEEN W HOLMESVICE CHAIR (AS OF 1/1/23)/TRUSTEETrustee/director, Officer$0$0$0
DEBORAH A PROVOSTCHIEF NURSING & ADMIN OFFICERKey employee$0$330,207$87,262
DENISE R JORDANTRUSTEETrustee/director$0$0$0
ELIZABETH CARDONATRUSTEETrustee/director$0$0$0
HARRIET A DEVERRYCHAIR (AS OF 1/1/23)/ TRUSTEETrustee/director, Officer$0$0$0
IRENE RODRIGUEZ-MARTINTRUSTEETrustee/director$0$0$0
JAMES R PHANEUFTRUSTEETrustee/director$0$0$0
JANICE MAYFORTHCFO - REGIONAL COMMUNITY HOSPITALSKey employee$0$212,170$49,494
JENNI L LANOUEDIR PATIENT CARE SVCSHighest-compensated employee$196,334$0$37,919
JOHN F MAYBURYTRUSTEE (THRU 12/31/22)Trustee/director$0$0$0
KATHLEEN B SCOBLETRUSTEE (THRU 12/31/22)Trustee/director$0$0$0
KEVIN P MORIARTY MDTRUSTEE/CHIEF PED SURGERYTrustee/director$751,828$0$41,983
KINAN HREIB MDVP/CMOKey employee$414,935$0$24,625
KRISTIN R DELANEYCLERK/DIR CORP GOVERNANCEOfficer$0$171,356$48,217
LINDA THOMPSONTRUSTEE (AS OF 1/1/23)Trustee/director$0$0$0
LORENE ZAMMUTODIR BEHAV. HEALTH- RNHighest-compensated employee$229,337$0$34,924
MARIA P GONCALVESTRUSTEETrustee/director$0$0$0
MARK A KEROACK MDTRUSTEE/PRESIDENT & CEO - BHTrustee/director$0$2,590,235$42,643
MARK A O'CONNELLTRUSTEE (AS OF 1/1/23)Trustee/director$0$0$0
MICHAEL S ROONEYRESPIRATORY THERAPISTHighest-compensated employee$183,235$0$18,671
NANCY REMILLARDASST. CLERK OF THE CORPOfficer$0$60,294$12,442
OLGA TARANREGISTERED NURSEHighest-compensated employee$170,179$0$24,789
PAUL C PICKNELLYTRUSTEETrustee/director$0$0$0
PAUL R MURPHYTRUSTEETrustee/director$0$0$0
RAYMOND MCCARTHYTRUSTEE/SVP, CFO & TREASURER BHOfficer$0$1,132,360$27,717
RICHARD BOSSIETRUSTEETrustee/director$0$0$0
ROBERT J BACONTRUSTEETrustee/director$0$0$0
RONALD P BRYANTPRESIDENT, BH COMM HOSPITALSOfficer$0$617,217$46,111
RUTH H CONSTANTINETRUSTEETrustee/director$0$0$0
SARA ROURKE MDTRUSTEE/PER DIEM URGENT CARE PHYSCNTrustee/director$12,555$0$188
THAMPI AMPADI MDTRUSTEE (AS OF 1/1/23)/SURG COMM PRTrustee/director$411,042$0$49,288
WILLIAM R WEBBERTRUSTEETrustee/director$0$0$0

E-file object id 202412269349300111. 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 220016. 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 9, 2026.