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Short-term acute care hospital · Gardner, Massachusetts · 114 beds · CMS certification number 220095

Heywood Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 11, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$170.5M
$170,540,897 · G-3 line 3
Operating expenses
$201.8M
$201,793,805 · G-3 line 4
Result from patient care
−$31.3M
−$31,252,908 · G-3 line 5
Margin on patient care
−18.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $36.1M in its first year on file (1996) to $170.5M in 2025.
  • Its result from patient care: −$54.1M (2023), −$46.2M (2024), −$31.3M (2025).
  • 3 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 25.1% of its inpatient days and Medicare for 31.9%.

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
$36.1M
$38.1M
1997
settled with audit
$40.1M
$39.8M
1998
reopened
$41.3M
$40.7M
1999
reopened
$43.0M
$42.5M
2000
reopened
$45.6M
$47.8M
2001
reopened
$49.5M
$51.1M
2002
reopened
$54.6M
$55.9M
2003
reopened
$57.7M
$59.9M
2004
settled with audit
$60.7M
$63.6M
2005
reopened
$62.8M
$64.6M
2006
reopened
$71.3M
$72.4M
2007
reopened
$80.5M
$80.1M
2008
reopened
$84.6M
$88.1M
2009
reopened
$88.5M
$90.3M
2010
reopened
$92.5M
$92.4M
2011
reopened
$94.7M
$98.6M
2012
reopened
$93.8M
$96.0M
2013
reopened
$97.8M
$99.6M
2014
settled
$95.0M
$99.8M
2015
settled
$99.2M
$101.2M
2016
reopened
$101.0M
$107.2M
2017
reopened
$104.7M
$113.0M
2018
settled
$112.0M
$122.5M
2019
settled
$129.6M
$139.0M
2020
settled
$127.5M
$146.2M
2021
settled
$136.0M
$150.2M
2022
settled
$135.6M
$174.6M
2023
settled
$143.8M
$197.9M
2024
as submitted
$156.0M
$202.1M
2025
as submitted
$170.5M
$201.8M

Beside its peers

Short-term acute care hospitals in Massachusetts with 100 to 199 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Heywood Hospital114$170,540,897$201,793,805−18.3%
Adcare Hospital of Worcester, Worcester114$36,844,944$31,995,11713.2%
Cooley Dickinson Hospital, Northampton118$298,368,450$285,231,9284.4%
Emerson Hospital, Concord111$386,003,891$400,914,122−3.9%
Healthalliance-Clinton Hospital, Leominster118$260,423,844$281,897,494−8.3%
Metrowest Medical Center, Natick123$185,388,721$219,596,990−18.4%

Patients and payers

Discharges
3,741
S-3 line 14, col 15
Inpatient days
16,466
S-3 line 14, col 8
Beds in use, on an average day
45.2
days ÷ days in year
Occupancy
39.6%
days ÷ bed days
Medicare share of days
31.9%
S-3 cols 6 ÷ 8
Medicaid share of days
25.1%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: ATHOL HOSPITAL, hospital; HEYWOOD MEDICAL GROUP, medical group.

Type of control on its cost report: voluntary nonprofit, other.

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by Henry Heywood Memorial Hospital (employer identification number 042103581) 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)$14,801,968IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$3,127,704IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$9,717,828IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$12,845,532IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$1,956,436IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0746IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202422279349303262. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by Henry Heywood Memorial Hospital (employer identification number 042103581) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
Albert Rose2nd Vice ChairmanTrustee/director, Officer$0$0$0
Andrew CocchiarellaDirector of AnesthesiologyHighest-compensated employee$862,699$0$58,366
Cheney CastineTreasurerTrustee/director, Officer$0$0$0
Craig NapolitanoTrusteeTrustee/director$0$437,363$0
Craig TwoheyTrusteeTrustee/director$0$0$0
Daniel WilsonER PhysicianHighest-compensated employee$527,733$0$27,326
David SpackmanTrusteeTrustee/director$0$0$0
Debra VescoviPast TrusteeTrustee/director$0$0$0
Elizabeth NottlesonTrusteeTrustee/director$0$332,703$17,144
Ellen RayChief of ER MedicineHighest-compensated employee$590,526$0$67,281
Erin O'HaraTrusteeTrustee/director$0$531,968$41,608
Frank GarofaloTrusteeTrustee/director$0$494,930$43,500
Frank SweeneyTrusteeTrustee/director$0$0$0
Glenn HuntTrusteeTrustee/director$0$0$0
JoAnne ParksClerkTrustee/director, Officer$0$0$0
Joel ShaughnessyTrusteeTrustee/director$0$0$0
John SkrzypczakTrusteeTrustee/director$0$0$0
Joseph WollmanER PhysicianHighest-compensated employee$635,973$0$57,760
Joyce FletcherTrusteeTrustee/director$0$0$0
Kenneth PiercePast TrusteeTrustee/director$0$0$0
Michael AbbatielloFormer Chief Financial OfficerFormer$232,988$0$45,872
Michelle ParkerTrusteeTrustee/director$0$0$0
Nicole MoorsheadTrusteeTrustee/director$0$0$0
Robert ChauvinChairmanTrustee/director, Officer$0$0$0
Roy LakeVice ChairmanTrustee/director, Officer$0$0$0
Rozanna PenneyCEOOfficer$281,093$0$29,118
Saleem KhananiOncology PhysicianHighest-compensated employee$531,488$0$55,277
Thomas KaneTrusteeTrustee/director$0$0$0
Thomas SullivanCFOOfficer$186,589$0$0
Tina SbregaTrusteeTrustee/director$0$0$0
Winfield BrownPast President/CEOOfficer$1,088,823$0$61,276

E-file object id 202422279349303262. 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 220095. 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 11, 2026.