Short-term acute care hospital · Beverly, Massachusetts · 335 beds · CMS certification number 220033
Beverly Hospital, Addison Gilbert Hospital, Bay Ridge Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 5, 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 $124.7M in its first year on file (1996) to $459.2M in 2025.
- Its result from patient care: $4.5M (2023), −$57.6M (2024), −$143.6M (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 12.4% of its inpatient days and Medicare for 33.1%.
- BETH ISRAEL LAHEY 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.
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Beside its peers
Short-term acute care hospitals in Massachusetts with 200 to 399 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Beverly Hospital, Addison Gilbert Hospital, Bay Ridge Hospital | 335 | $459,160,231 | $602,809,597 | −31.3% |
| Lahey Clinic, Burlington | 343 | $1,264,384,458 | $1,220,016,239 | 3.5% |
| Merrimack Health Methuen Hospital, Methuen | 293 | $173,613,000 | $258,632,000 | −49.0% |
| The Lowell General Hospital, Lowell | 390 | $603,146,231 | $605,745,597 | −0.4% |
| Salem Hospital, Salem | 281 | $684,339,897 | $780,075,034 | −14.0% |
| Tufts Medical Center, Boston | 371 | $1,073,969,967 | $1,361,931,999 | −26.8% |
Patients and payers
- Discharges
- 19,059S-3 line 14, col 15
- Inpatient days
- 88,432S-3 line 14, col 8
- Beds in use, on an average day
- 242.9days ÷ days in year
- Occupancy
- 72.3%days ÷ bed days
- Medicare share of days
- 33.1%S-3 cols 6 ÷ 8
- Medicaid share of days
- 12.4%S-3 cols 7 ÷ 8
Who owns it
- BETH ISRAEL LAHEY HEALTH, INC.100%
Related organizations on its own cost report: BI LAHEY HEALTH, home office.
Other hospitals with the same owner: Mount Auburn Hospital (MA), Anna Jaques Hospital (MA), Beth Israel Deaconess Hospital Plymouth (MA), Beth Israel Deaconess Hospital - Needham (MA), Beth Israel Deaconess Medical Center (MA), New England Baptist Hospital (MA), Winchester Hospital (MA), Beth Israel Deaconess Hospital-Milton (MA), Lahey Clinic (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
Community benefit is filed on IRS Form 990 Schedule H by NORTHEAST HOSPITAL CORPORATION (employer identification number 042121317) for tax year 2022, once for the 4 hospital facilities the return lists, this hospital among them. The return does not divide it among them.
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 220033. 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 5, 2026.