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Short-term acute care hospital · Boston, Massachusetts · 230 beds · CMS certification number 220036

St. Elizabeth's Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS January 6, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$297.8M
$297,793,323 · G-3 line 3
Operating expenses
$442.6M
$442,555,146 · G-3 line 4
Result from patient care
−$144.8M
−$144,761,823 · G-3 line 5
Margin on patient care
−48.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $195.4M in its first year on file (1996) to $297.8M in 2025.
  • Its result from patient care: −$41.4M (2023), −$93.6M (2024), −$144.8M (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 14.2% of its inpatient days and Medicare for 27.4%.
  • BMC COMMUNITY HOSPITAL CORPORATION II 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
reopened
$195.4M
$214.7M
1997
reopened
$185.8M
$205.6M
1998
reopened
$196.3M
$213.6M
1999
reopened
$195.1M
$211.1M
2000
reopened
$202.0M
$222.1M
2001
reopened
$209.5M
$231.7M
2002
reopened
$223.2M
$251.1M
2003
reopened
$257.7M
$273.9M
2004
reopened
$286.4M
$312.8M
2005
reopened
$316.5M
$331.2M
2006
reopened
$323.5M
$343.0M
2007
reopened
$331.5M
$343.3M
2008
reopened
$350.4M
$362.2M
2009
reopened
$239.7M
$357.8M
2010
reopened
$285.9M
$429.3M
2011
reopened
$254.8M
$283.6M
2012
reopened
$306.8M
$306.9M
2013
reopened
$315.3M
$308.1M
2014
reopened
$309.9M
$295.6M
2015
reopened
$325.5M
$314.1M
2016
reopened
$334.1M
$329.0M
2017
reopened
$360.7M
$348.2M
2018
reopened
$381.1M
$369.2M
2019
reopened
$404.9M
$380.5M
2020
settled with audit
$380.0M
$391.0M
2021
settled
$422.5M
$395.0M
2022
settled
$428.5M
$425.6M
2023
settled
$388.2M
$429.6M
2024
settled
$236.5M
$330.1M
2025
as submitted
$297.8M
$442.6M

Beside its peers

Short-term acute care hospitals in Massachusetts with 200 to 399 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
St. Elizabeth's Medical Center230$297,793,323$442,555,146−48.6%
Berkshire Medical Center, Pittsfield238$571,189,132$704,526,056−23.3%
Cambridge Health Alliance, Malden225$459,240,867$1,086,264,718−136.5%
Boston Medical Center - South, Brockton208$255,039,888$337,144,466−32.2%
Newton-Wellesley Hospital, Newton240$739,365,553$767,308,693−3.8%
Saint Vincent Hospital, Worcester253$420,418,487$424,043,413−0.9%

Patients and payers

Discharges
7,690
S-3 line 14, col 15
Inpatient days
39,200
S-3 line 14, col 8
Beds in use, on an average day
107.7
days ÷ days in year
Occupancy
46.7%
days ÷ bed days
Medicare share of days
27.4%
S-3 cols 6 ÷ 8
Medicaid share of days
14.2%
S-3 cols 7 ÷ 8

Who owns it

  • BMC COMMUNITY HOSPITAL CORPORATION II100%
  • BMC HEALTH SYSTEM INC100%

Related organizations on its own cost report: STEWARD H/C, hospital mgmt.

Other hospitals with the same owner: Boston Medical Center (MA), Boston Medical Center - South (MA).

Type of control on its cost report: proprietary, 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 220036. 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 January 6, 2026.