Reading Hospital

Health care organization based in Reading, PA. 7,374 employees. Exempt under §501(c)(3).

MissionWEBSITE: WWW.TOWERHEALTH.ORG/LOCATIONS/READING-HOSPITAL THE MISSION OF READING HOSPITAL IS TO PROVIDE COMPASSIONATE, ACCESSIBLE, HIGH-QUALITY, COST-EFFECTIVE HEALTHCARE TO THE COMMUNITY; TO PROMOTE HEALTH; TO EDUCATION HEALTHCARE PROFESSIONALS; AND TO PARTICIPATE IN APPROPRIATE

Financial snapshot · TY 2023

$1.5B
Total revenue
$1.3B
Total expenses
$1.0B
Net assets

Financial health · TY 2023

47
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-5.4 months of expenses
Program efficiency
100
90.6% spent on programs
Revenue diversity
37
Mix of program fees, grants & contributions

Leadership compensation

$820,811
100th percentile vs. peers
$690,791
100th percentile vs. peers
Wei Du Md
SVP CHIEF AC
$588,882
98th percentile vs. peers
Pamela Hernandez
SVP/CHIEF PE
$562,944
98th percentile vs. peers
Susan Garcia
SVP REV CYCL
$554,605
98th percentile vs. peers

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Reading Hospital Executive Compensation | 990 Data | DoubleNine