NonprofitsReading Hospital

Health Care

Reading Hospital

WEST READING, PA

Total revenue

$1.5B

Total expenses

$1.3B

Net assets

Grants received

$15.6M

36 grants

EIN

231352204

Tax year

2023

Mission

To provide compassionate, accessible, high quality, cost effective care to the community: to promote health; to educate healthcare professionals; and to participate in appropriate clinical research.

Programs

3 programs

Operating room - 18,865 total surgeries reading hospital operates in a market served by nearly 20 specialty, investor-owned facilities, which carve out the best paying insurance plans, the highest margin procedures, and the least complicated patients to serve. By continuing to provide a full-service surgical service, reading hospital offers the most advanced surgical options, from robotic assisted, minimally invasive surgery to a full spectrum of outpatient surgical options. Reading hospital ensures the community has access to surgical specialties that may be experiencing shortages elsewhere in the country. Reading hospital supports its surgeons in their fellowship training and recruits and retains surgeons in areas like plastic surgery - available only during limited hours or not at all, in other hospitals in its market.

Expenses: $71.1M

Mcglinn cancer institute 30,246 procedures the mcglinn cancer institute, located within the reading hospital, is primarily an out-patient facility which houses the sections of radiation oncology, hematology/oncology, and gynecological oncology. The annual total of patients who were diagnosed and/or treated in fy24 were 2,004. Upon diagnosis, a nurse navigator contacts each patient to offer information and support. Most patients are seen in one of our multi-disciplinary clinics based on the type of malignancy diagnosed. This includes thoracic, malignant hematology, breast, genito-urinary, gynecological, neurology, and gastro-intestinal clinics - most held on a weekly basis. Every clinic has its specific team of providers - surgeons, radiation oncologists, medical oncologists, radiologists, pathologists, nurse navigators, genetic counselors, and physical therapists - who confer and collaborate to design a unique treatment plan for each individual patient. Every case is reviewed for possible inclusion in one of the many clinical trials offered on site. Once a plan of action has been recommended by the team, the patient is seen in consult by the providers who will be responsible for his/her course of treatment. Mcglinn cancer institute is accredited by the commission on cancer as a comprehensive community cancer program. The medical oncology practice is certified by the american society of clinical oncology through its quality oncology practice initiative (qopi) and the radiation oncology department is certified by the american college of radiology. In addition, the breast program at reading hospital is accredited by the national accreditation program for breast centers. The cancer center offers a three-year hematology/oncology fellowship program and students from various programs (ex: jefferson university, gwynedd mercy university, arcadia university) are assigned clinical rotations at mcglinn for genetic counseling, radiation therapy technology, and physician assistant training.

Expenses: $86.4M

Expenses incurred in providing various other medically necessary healthcare services include but are not limited to: revenue expense radiology 229,811,010 42,697,165 rehabilitation/physical therapy 50,543,506 31,489,363 trauma center 3,861,303 3,111,270 pharmacy 48,176,043 40,867,070 ancilliary 130,150,815 83,872,656 reading hospital provides services to all individuals in a non- discriminatory manner regardless of race, color, creed, sex, national origin, or ability to pay.

Expenses: $773.0MGrants: $95K

Financials

FY 2023

Revenue

Contributions & grants$8.6M
Program service revenue$1.4B
Investment income$792K
Other revenue$146.5M
Total revenue$1.5B

Expenses

Grants paid$95K
Salaries & benefits$613.1M
Fundraising
Other expenses$645.2M
Total expenses$1.3B
Total assets$1.0B
Net assets

People

31 listed

NameRoleCompensation

SUZANNE WENDEROTH MD

BOARD MEMBER

Board

$935K

2 hrs/wk

CHARLES BARBERA MD

PRES & CEO

Board

$889K

52 hrs/wk

ROBERT EHINGER

CFO/TREAS

Board

$600K

25 hrs/wk

DONNA WALB

SECRETARY

Board

$87K

40 hrs/wk

MICHAEL HAAS

BOARD MEMBER

Board

2 hrs/wk

DAN LANGDON

BOARD MEMBER

Board

2 hrs/wk

JOSHUA TICE MD

BOARD MEMBER

Board

2 hrs/wk

JACQUELYN FETROW PHD

VICE CHAIR

Board

2 hrs/wk

SUSAN LOONEY PHD

CHAIR

Board

2 hrs/wk

GUIDO PICHINI

BOARD MEMBER

Board

2 hrs/wk

JOHN WEIDENHAMMER

BOARD MEMBER

Board

2 hrs/wk

OLUBUMNI OJIKUTU MD

BOARD MEMBER

Board

2 hrs/wk

BENJAMIN ZINTAK

BOARD MEMBER

Board

2 hrs/wk

JOHN CASEY MD

BOARD MEMBER

Board

2 hrs/wk

YAMIL SANCHEZ ED D

BOARD MEMBER

Board

2 hrs/wk

LATRICE MUMIN EDD

BOARD MEMBER

Board

2 hrs/wk

THERESE SUCHER

INT CEO TERM

Staff

$767K

0

MICHELLE TRUPP

COO

Staff

$733K

52 hrs/wk

WEI DU MD

SVP CHIEF AC

Staff

$501K

50 hrs/wk

SUSAN GARCIA

SVP REV CYCL

Staff

$472K

50 hrs/wk

PAMELA HERNANDEZ

SVP/CHIEF PE

Staff

$470K

50 hrs/wk

BARBARA ROMIG

CNO TERM

Staff

$432K

52 hrs/wk

LISA HESS

VP MARKETING

Staff

$413K

50 hrs/wk

RON NUTTING MD

CMO TERM

Staff

$406K

0

THOMAS BARTIROMO

SVP CIO

Staff

$393K

50 hrs/wk

CHARLES VALENTINO

VP REV INTEG

Staff

$381K

50 hrs/wk

MARK L MCNASH

SVP SUP SERV

Staff

$374K

0

MARK REYNGOUDT

CFO/TREAS TE

Staff

$330K

0

ANN BLANKENHORN

INTERIM CNO

Staff

$292K

52 hrs/wk

CLINT MATTHEWS

TH PRES/CEO

Staff

$269K

0

MARY AGNEW

SVP CNO TERM

Staff

$264K

0

Independent contractors

AMN HEALTHCARE INC

CONTRACTING

$12.7M

PHARMACY HEALTHCARE SOLUTIONS

CONTRACTING

$7.7M

STEVENS & LEE

LEGAL

$5.6M

BERKS SCHUYLKILL RESPIRATORY SPEC

PHYSICIAN FEES

$4.6M

BERKS RADIATION ONCOLOGY ASSOC PC

PHYSICIAN FEES

$3.3M

Grants received

Showing 36 of 36

FromAmountPurposeYear
$55K
PARTNER AGENCY INVESTMENTS: STREET MEDICINE
2024
$500K
ALCOHOL & DRUG PREVENTION, INTERVENTION & TREATMENT SERVICES, & RECOVERY SUPPORT
2023
$125K
SUB-AWARD
2023
$70K
PARTNER AGENCY INVESTMENTS: STREET MEDICINE; ONE-TIME GRANT: LIGHTHOUSE WOMEN & CHILDREN'S CENTER
2023
$25K
COMMUNITY GRANTS PROGRAM - HIGH SCHOOL PROGRAM
2023
$283K
ALCOHOL & DRUG PREVENTION, INTERVENTION & TREATMENT SERVICES, & RECOVERY SUPPORT
2022
$66K
SUB-AWARD
2022
$50K
ONE-TIME INVESTMENT GRANT: HEALTH EQUITY COMMUNITY COLLABORATIVE
2022
$137K
RESEARCH
2021
$86K
ALCOHOL & DRUG PREVENTION, INTERVENTION & TREATMENT SERVICES, & RECOVERY SUPPORT
2021
$17K
SUB-AWARD
2021
$6K
GENERAL OPERATING
2021
$229K
RESEARCH
2020
$92K
ALCOHOL & DRUG PREVENTION, INTERVENTION & TREATMENT SERVICES, & RECOVERY SUPPORT
2020
$15K
FAMILY SUPPORT GRANT
2020
$15K
SUB-AWARD
2020
$6K
GENERAL OPERATING
2020
$349K
ALCOHOL & DRUG PREVENTION, INTERVENTION & TREATMENT SERVICES, & RECOVERY SUPPORT
2019
$85K
JOB-TRAINING
2019
$65K
SUB-AWARD
2019
$10K
PROGRAM SUPPORT
2019
$86K
SUB-AWARD
2018
$58K
JOB-TRAINING
2018
$19K
PROGRAM SUPPORT
2018
$6K
GENERAL OPERATING
2018
$5K
GENERAL OPERATING
2018
$318K
ALCOHOL & DRUG, INTERVENTION & TREATMENT SERVICES
2017
$94K
SUB-AWARD
2017
$33K
PROGRAM SUPPORT
2017

Funded by

$15.6M from 11 funders · 36 grants · 2017–2024

Reading Hospital Foundation

$12.7M · 7 grants · 2017–2023

Council On Chemical Abuse Inc

$1.6M · 6 grants · 2017–2023

Johns Hopkins University

$469K · 7 grants · 2017–2023

Drexel University

$367K · 2 grants · 2020–2021

United Way Of Berks County Inc

$175K · 3 grants · 2022–2024

Philadelphia Works Inc

$143K · 2 grants · 2018–2019

Thomas Jefferson University

$62K · 3 grants · 2017–2019

The Wyomissing Foundation Inc

$25K · 1 grant · 2023

Details

EIN231352204
NTEE codeE220
Subsection03
Ruling date1936-03
Formed1869
Employees7374
Volunteers137
READING HOSPITAL — Mission, Financials & Grants Received | Grantivo