2022 Power 50: Edward Kelly
Photo | Courtesy of Milford Regional Medical Center
Edward Kelly, president & CEO of Milford Regional Medical Center
More Information
As the head of one of the few independent hospitals remaining in Central Massachusetts, Edward Kelly oversees service to more than 20 towns with more than 300 primary care and specialty physicians and 149 beds.
As a smaller community-based hospital with $235 million in annual revenues, Milford Regional has faced significant challenges, but Kelly has pulled the hospital through each one. The healthcare system faced a significant deficit in 2016, but managed to offset the $7 million in operating losses with a balanced budget in 2017, thanks in large part to Kelly’s leadership. A couple years later, while treating COVID-19 patients, Milford Regional began taking on an increased number of patients in June 2020 when Norwood Hospital was forced to close due to flash flooding.
Through these challenges, Milford continued high-quality care and was the only Central Mass. hospital to receive a five-star rating from the Centers for Medicare and Medicaid Services in 2021. In February, the Federal Emergency Management Agency awarded Milford Regional $1.6 million to reimburse it for the additional costs of increased patient loads.
What sets the Central Mass. business community apart from the rest of the world? Our geographic location offers a balanced intersection of urban vitality, suburban conveniences/accessibility, and rural charm. Our region’s affordable cost of living and lifestyle attracts a wide range of customers. Central Massachusetts organizations drive local economies and have considerable flexibility in providing cost-competitive services without prohibiting access based on socioeconomic factors.
Big family: I am the oldest of six children, and I grew up in West Roxbury.
WBJ Web Partners
Most Recent
Most Recent
0 Comments