Milford, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)UMASS MEMORIAL HEALTH - MILFORD REGIONAL MEDICAL CENTER INC, founded in 1903, is a major nonprofit in the Health Care sector that reported $292.8M in total revenue in fiscal year 2023.
UMass Memorial Health - Milford Regional Medical Center Inc is committed to providing exceptional healthcare services to our community with dignity, compassion, and respect.
A full-service, community and regional teaching hospital, Milford Regional is a 148-bed, nonprofit, acute-care facility serving a region of 20-plus towns in central Massachusetts. With over 300...
A full-service, community and regional teaching hospital, Milford Regional is a 148-bed, nonprofit, acute-care facility serving a region of 20-plus towns in central Massachusetts. With over 300 primary care and specialty physicians on the medical staff, our physicians are skilled in the most advanced procedures and technology, and provide personalized patient care in a warm and caring environment. Many hold teaching appointments at New England's finest medical schools preparing the doctors of tomorrow. In FY2024, Milford Regional provided over 60,000 visits in its 52-bed emergency department. In addition, Milford Regional treats 683 patients in its 10-bed ICU. Furthermore, patients benefit from our patient care center which includes eight state-of-the-art operating suites, consolidated surgical services (including admitting and pre-admission testing) and medical/surgical floors with private rooms, many with advanced patient monitoring capabilities. Our fourth floor houses 15 private rooms designed for the needs of cancer and palliative care patients. Our Maternity Center offers home-like LDRP (labor, delivery, recovery, postpartum) rooms, as well as a new 1B Continuing Care Nursery that accommodates the extra care, comfort and needs of late preterm babies at 35 weeks and beyond, as well as those with health issues. Milford Regional's partnerships with world leaders in healthcare include our 54,000 square foot Cancer Center which provides comprehensive cancer services (including radiation therapy) with Dana-Farber/Brigham and Women's Cancer Center, as well as strong partnerships with Brigham and Women's Hospital, Boston Children's Hospital and UMass Memorial Health Care.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $292,776,405 | $296,685,780 | 0.0% |
| Expenses | $301,549,614 | $294,602,019 | +0.0% |
| Net Income | $-8,773,209 | $2,083,761 | -5.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Edward Kelly | President and CEO | 40 |
Officer
|
$851,149 | $187,273 | $1,038,422 |
| Peter Smulowitz | Chief Medical Officer | 40 |
Key Emp
|
$587,554 | $79,980 | $667,534 |
| Nicole Thyne | Executive VP and Chief Operating Officer | 40 |
Key Emp
|
$569,260 | $63,916 | $633,176 |
| Elizabeth Cadle | VP Finance and CFO | 40 |
Key Emp
|
$375,036 | $70,202 | $445,238 |
| Bert Thurlo-Walsh | Chief Quality Officer | 40 |
Key Emp
|
$382,220 | $59,938 | $442,158 |
| Judy Kelly | VP of Patient Care Services | 40 |
Key Emp
|
$372,469 | $59,989 | $432,458 |
| Alice Hall | VP Human Resources | 40 |
Key Emp
|
$339,739 | $56,405 | $396,144 |
| Andrew Willment MD | Trustee | 40 |
Director
|
$0 | $17,936 | $370,533 |
| Emily Quinn | VP Philanthropy | 40 |
Key Emp
|
$260,449 | $48,105 | $308,554 |
| Tricia Oliver | VP Marketing PR Communications | 40 |
Key Emp
|
$193,089 | $45,293 | $238,382 |
| Gordon Lewis | Treasurer | 1 |
Director
|
$0 | $0 | $0 |
| William Muller MD | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Beverly Swymer | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Mary O'Neill MD | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Christopher Foley | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Anthony Consigli | Chair | 1 |
Director
|
$0 | $0 | $0 |
| John Fernandes | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Brian Earley | Vice Chair | 1 |
Director
|
$0 | $0 | $0 |
| Linda Mancini | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Denise Brookhouse | Clerk | 1 |
Director
|
$0 | $0 | $0 |
| Shefali Desai | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Jamie Doucette | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Sandra Clark | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Jeffrey Nutting | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Barbara Gilmore | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Gerald Gaudette | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $292,776,405 | $301,549,614 | $237,204,617 | $-8,773,209 |
| 2023 | $296,685,780 | $294,602,019 | $240,533,459 | $2,083,761 |
| 2023 | $296,685,780 | $294,602,019 | $240,533,459 | $2,083,761 |
| 2022 | $279,463,994 | $272,941,906 | $249,153,526 | $6,522,088 |
| 2021 | $246,949,758 | $251,346,854 | $294,392,127 | $-4,397,096 |
| 2020 | $231,973,056 | $226,079,379 | $298,103,597 | $5,893,677 |
| 2019 | $234,992,582 | $218,946,361 | $269,524,029 | $16,046,221 |
| 2018 | $223,131,839 | $213,496,455 | $253,763,065 | $9,635,384 |
Compare UMASS MEMORIAL HEALTH - MILFORD REGIONAL MEDICAL CENTER INC with other nonprofits in Massachusetts and across the country.