Reading Hospital and Medical Center

420 South Fifth Avenue, Reading, PA 19612 · Montgomery County
General Acute ★ CMS 4/5 Emergency services

At a glance

Latest cost report FY2024
Net patient revenue
$1.27B
Operating margin
9.0%
Net income
$255.8M
Staffed beds
580
Annual discharges
34,024
Case mix index
1.79

Ownership & identity

Control, system & affiliation
Ownership / controlNonprofit (other) Health systemTower Health (6) Hospital typeGeneral Acute Phone(610) 988-8000 CMS star rating4 / 5 Emergency servicesYes

Net patient revenue trend

FY2020–FY2024
FY20FY21FY22FY23FY24
Fiscal yearNet patient revenue
FY2020$934,652,693
FY2021$1,055,662,202
FY2022$1,087,208,809
FY2023$1,147,619,979
FY2024$1,268,763,784

Payer mix

Share of inpatient days
Medicare26.2%Medicaid2.6%Commercial & other71.2%

How Reading Hospital and Medical Center compares

#14 of 226 Pennsylvania hospitals by net patient revenue

Other Tower Health hospitals

Same health system · view all

Full financial detail

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🔒 5-year income statement & balance sheet
Line-by-line revenue, expenses, assets, liabilities and net assets for FY2020–FY2024, plus top Medicare DRGs, cost structure, EBITDAR, and Medicare reimbursement (IME, DSH, charity & uncompensated care).
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