Short-term acute care hospital · Fall River, Massachusetts · 656 beds · CMS certification number 220074
Tobey Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 10, 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 $26.7M in its first year on file (1996) to $1.1B in 2025.
- Its result from patient care: −$119.9M (2023), −$115.3M (2024), −$136.6M (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 10.7% of its inpatient days and Medicare for 36.3%.
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
Short-term acute care hospitals in Massachusetts with 400 and over beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Tobey Hospital | 656 | $1,148,901,437 | $1,285,459,831 | −11.9% |
| Baystate Medical Center, Springfield | 740 | $1,756,114,854 | $1,785,519,786 | −1.7% |
| Beth Israel Deaconess Medical Center, Boston | 705 | $2,306,279,976 | $3,192,327,792 | −38.4% |
| Boston Medical Center, Boston | 459 | $1,735,839,872 | $2,992,100,772 | −72.4% |
| Brigham & Womens Hospital, Boston | 846 | $3,345,285,794 | $4,488,282,761 | −34.2% |
| Umass Memorial Medical Center, Worcester | 707 | $2,643,050,899 | $2,924,030,956 | −10.6% |
Patients and payers
- Discharges
- 31,620S-3 line 14, col 15
- Inpatient days
- 161,229S-3 line 14, col 8
- Beds in use, on an average day
- 442.9days ÷ days in year
- Occupancy
- 67.3%days ÷ bed days
- Medicare share of days
- 36.3%S-3 cols 6 ÷ 8
- Medicaid share of days
- 10.7%S-3 cols 7 ÷ 8
Who owns it
Related organizations on its own cost report: SOUTHCOAST HEAL, healthcare.
Type of control on its cost report: voluntary nonprofit, other.
Community benefit, as filed
From IRS Form 990 Schedule H, Part I, filed by SOUTHCOAST HOSPITALS GROUP INC (employer identification number 222592333) 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) | $53,638,152 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $6,451,831 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Medicaid (line 7b) | $29,138,188 | IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $35,590,019 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $18,048,133 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.0519 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202412289349303486. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by SOUTHCOAST HOSPITALS GROUP INC (employer identification number 222592333) 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 |
|---|---|---|---|---|---|
| ANA LAUS | TRUSTEE (UNTIL 12/2022) | Trustee/director | $0 | $446,403 | $18,359 |
| CARMEN F SYLVESTER | VICE CHAIR (AS OF 1/23) | Trustee/director, Officer | $0 | $0 | $0 |
| CHARLES E CUSSON JR | ED TALENT MGMT AND ORG CAPTLY | Highest-compensated employee | $327,965 | $0 | $5,940 |
| CHRISTOPHER HODGSON | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| DENNIS J FUSCO | Trustee | Trustee/director | $0 | $0 | $0 |
| DONALD G GIUMETTI | VICE CHAIR(12/22)/CHAIR(1/23) | Trustee/director, Officer | $0 | $0 | $0 |
| ELIZABETH HUIDEKOPER | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| HEIDI A KOSTIN | TRUSTEE (UNTIL 4/23) | Trustee/director | $0 | $0 | $0 |
| HELENA DASILVA HUGHES | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| ILANA FEINERMAN MD | TRUSTEE | Trustee/director | $0 | $666,673 | $39,194 |
| JADENE ELDEN | VP REVENUE CYCLE | Highest-compensated employee | $325,103 | $0 | $13,663 |
| JAMES FEEN | SVP/CIO | Key employee | $585,138 | $0 | $115,367 |
| JAMES JEROME COOGAN | Clerk | Trustee/director, Officer | $0 | $0 | $0 |
| JAQUELINE SOMERVILLE | SVP/CNO | Key employee | $546,660 | $0 | $46,305 |
| JASON RUA | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| JAY S SCHACHNE MD | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| JONATHAN L ROUNDS | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| KEITH HOVAN | FORMER PRESIDENT & CEO | Former | $4,459,953 | $0 | $40,207 |
| LAUREN DESIMON JOHNSON | SVP/ CHRO | Key employee | $572,705 | $0 | $107,419 |
| LOUIS CABRAL | CHAIR(UNTIL 12/22)TRUSTEE(1/23 | Trustee/director, Officer | $0 | $0 | $0 |
| MARK CALE | CFO SHG & SVP FINANCE SHS | Key employee | $509,298 | $0 | $21,346 |
| MARK LACOMBE | DIRECTOR IT ENG SYST NETWORK | Highest-compensated employee | $328,125 | $0 | $32,460 |
| PATRICIA BUIOCCHI | SVP POST ACUTE CARE NETWORK | Highest-compensated employee | $344,974 | $0 | $771 |
| RAYFORD S KRUGER MD | PRESIDENT & CEO | Trustee/director, Officer | $1,176,752 | $576,097 | $239,631 |
| RENEE CLARK | EVP/COO (SHG)/ ASST. CLERK | Officer | $1,020,008 | $0 | $152,359 |
| ROBERT RONAN MD | TRUSTEE (AS OF 1/23) | Trustee/director | $27,900 | $0 | $0 |
| SALMAN BASHIR MD | TRUSTEE | Trustee/director | $5,138 | $0 | $0 |
| STEPHEN CANESSA | SVP CHIEF BRAND STRATEGY OFFCR | Key employee | $619,738 | $0 | $110,565 |
| STEPHEN PIRES | SVP INSURANCE & RISK MGMT | Highest-compensated employee | $427,235 | $0 | $36,160 |
| TONYA JOHNSON | SVP & COO | Key employee | $413,179 | $0 | $39,680 |
| W HUGH M MORTON | Trustee | Trustee/director | $0 | $0 | $0 |
| WADE BROUGHMAN | EVP FIN/CFO & Treasurer | Officer | $1,027,327 | $0 | $36,160 |
E-file object id 202412289349303486. 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 220074. Patients and payers: worksheet S-3 Part I of the same filing.
How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read March 10, 2026.