Hospital · Short-term acute hospital
Who owns Melrosewakefield Healthcare?
585 Lebanon Street · Melrose, MA · 02176
Overview
Melrosewakefield Healthcare is a short-term acute hospital in Melrose, Massachusetts, operated by Melrosewakefield Healthcare, Inc.. Middlesex County has 15 hospitals, 67 nursing homes and 59 urgent care centers.
Ownership
Melrosewakefield Healthcare is operated by Melrosewakefield Healthcare, Inc., part of Wellforce Inc.
- Operator
- Melrosewakefield Healthcare, Inc.
- Owner group
- Wellforce Inc
- Ownership type
- Private Nonprofit
- Sources
Ownership history
Every dated change of operator and owner for Melrosewakefield Healthcare, with the source for each.
Full ownership tree of Wellforce Inc
Every entity between this facility and its ultimate owner, with ownership percentages and dates.
Finances
From the hospital's Medicare cost report, fiscal year ending 2024.
| Net patient revenue | $234.3M |
| Operating expenses | $280.7M |
| Net income | −$15.5M |
| Net income as a share of net patient revenue | -6.6% |
| Uncompensated care cost | $6.9M |
| Charity care cost | $1.9M |
| Medicaid net revenue | $22.1M |
| Medicare disproportionate share percentage | 5.0% |
Payer mix by inpatient days (2024)
- Commercial and other 53.9%
- Medicare 39.2%
- Medicaid 6.9%
Services
Top inpatient services, Medicare (2024)
| Service | Discharges | Average total payment |
|---|---|---|
| Heart failure and shock with MCC · 291 | 256 | $11K |
| Septicemia or severe sepsis without MV >96 hours with MCC · 871 | 217 | $17K |
| Simple pneumonia and pleurisy with MCC · 193 | 98 | $12K |
| Respiratory infections and inflammations with MCC · 177 | 98 | $15K |
| Renal failure with CC · 683 | 69 | $8K |
Top outpatient services, Medicare (2024)
| Service | Services |
|---|---|
| Comprehensive Observation Services · 8011 | 773 |
| Level 2 Excision/ Biopsy/ Incision and Drainage · 5072 | 171 |
| Level 1 Endovascular Procedures · 5191 | 131 |
| Level 1 Laparoscopy and Related Services · 5361 | 88 |
| Level 5 Urology and Related Services · 5375 | 87 |
Medicare fee-for-service only. Small counts are suppressed by CMS.
Location and market
- Address
- 585 Lebanon Street · Melrose, MA · 02176
- County
- Middlesex County
- State
- Massachusetts
13 off-site locations
Campuses, off-site emergency departments and outpatient departments under this hospital's certification.
Nearby hospitals
| Name | City | Distance |
|---|---|---|
| Acadia-Tufts Medicine Jv, LLC | Malden | 2.6 mi |
| Winchester Hospital | Winchester | 3.1 mi |
| Encompass Health Rehabilitation Hosp Of New Englan | Woburn | 5.3 mi |
| Spaulding Rehabilitation Hospital | Charlestown | 5.8 mi |
| Cambridge Health Alliance | Cambridge | 6.3 mi |
| Spaulding Hospital For Continuing Med Care-Camb | Cambridge | 6.4 mi |
Sources and identifiers
- Operator: CMS Hospital Enrollments and All Owners (PECOS): hospital ownership graph · Company website
- Finances and payer mix: CMS hospital cost reports (HCRIS), fiscal year 2024
- Services: CMS Medicare inpatient and outpatient utilization
- Ownership type and beds: CMS Provider of Services file
- Location: CMS and Census Bureau geography
- CMS certification number
- 220070
- NPI
- 1841290467
- Last confirmed
- 2026-10-23
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