Athol Memorial Hospital Incorporated

Overview

Athol Memorial Hospital Incorporated is a U.S. nonprofit organization categorized under the National Taxonomy of Exempt Entities (NTEE) as a general and rehabilitative hospital. It was originally associated with Athol Memorial Hospital, which is now known as Athol Hospital following a restructuring.

History

Athol Memorial Hospital, the predecessor to Athol Hospital, was established in 1950 as a community effort to provide healthcare in Athol, Massachusetts. The hospital was named in honor of local soldiers killed during World War II. Over the years, Athol Memorial Hospital faced financial challenges, which led to a merger with Heywood Hospital in 2013 under the umbrella of Heywood Healthcare. As a result, the facility was renamed Athol Hospital and continued to serve the community.

Nonprofit Status

Athol Memorial Hospital Incorporated is a 501(c)(3) organization, meaning donations to this entity are tax-deductible. The organization's primary purpose aligns with charitable, scientific, and literary endeavors, as well as various other nonprofit purposes.

Financial Overview

As of recent financial disclosures, the organization derives most of its revenue from program services. Contributions also form a significant portion of its revenue, which are used to support its operations and community services. The hospital's financial structure includes assets and liabilities reflecting its role as a critical service provider in the community.

Services

Although Athol Memorial Hospital Incorporated is no longer the direct operator of the hospital, its successor, Athol Hospital, offers a wide range of medical services. These include orthopedic surgery, cataract surgery, emergency surgeries, a pain clinic, radiology services, and an oncology clinic. The hospital operates with a focus on providing quality healthcare as a critical access hospital.

Challenges

Heywood Healthcare, the parent organization of Athol Hospital, has faced financial difficulties, including a 2023 Chapter 11 bankruptcy filing. This has raised concerns about the future of Athol Hospital, despite its continued operation and commitment to community healthcare.

References

• ProPublica Nonprofit Explorer - Athol Memorial Hospital Incorporated
• Wikipedia - Athol Hospital