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Short-term acute care hospital · Salisbury, Maryland · 275 beds · CMS certification number 210019

Tidalhealth Peninsula Regional

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 31, 2025. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$567.2M
$567,168,579 · G-3 line 3
Operating expenses
$581.0M
$581,041,794 · G-3 line 4
Result from patient care
−$13.9M
−$13,873,215 · G-3 line 5
Margin on patient care
−2.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $133.4M in its first year on file (1997) to $567.2M in 2025.
  • Its result from patient care: $3.9M (2023), $37.5M (2024), −$13.9M (2025).
  • 4 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 5.6% of its inpatient days and Medicare for 35.9%.

Every statement is drawn from figures on this page; nothing is estimated.

29 years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1997
reopened
$133.4M
$131.6M
1998
reopened
$141.0M
$138.9M
1999
settled
$154.3M
$152.7M
2000
settled
$166.4M
$167.5M
2001
settled
$184.0M
$183.7M
2002
settled
$198.2M
$198.4M
2003
settled
$209.1M
$210.0M
2004
settled
$231.3M
$228.4M
2005
settled
$260.3M
$250.3M
2006
settled
$282.1M
$270.6M
2007
settled
$305.0M
$284.8M
2008
settled
$337.0M
$309.9M
2009
settled
$350.5M
$340.5M
2010
settled
$350.4M
$345.5M
2011
settled
$362.6M
$349.5M
2012
settled
$361.4M
$357.5M
2013
settled
$359.7M
$369.3M
2014
settled
$370.1M
$368.2M
2015
settled
$390.1M
$378.3M
2016
settled
$402.1M
$405.6M
2017
settled
$409.1M
$432.1M
2018
settled
$431.7M
$427.4M
2019
settled
$452.4M
$451.3M
2020
settled
$463.9M
$493.3M
2021
settled
$471.6M
$433.0M
2022
settled
$472.1M
$454.2M
2023
settled
$493.4M
$489.5M
2024
settled
$539.6M
$502.2M
2025
as submitted
$567.2M
$581.0M

Beside its peers

Short-term acute care hospitals in Maryland with 200 to 399 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Tidalhealth Peninsula Regional275$567,168,579$581,041,794−2.5%
University of Maryland Baltimore Washington Medical Center, Glen Burnie306$485,044,525$453,917,1106.4%
Frederick Health Hospital, Frederick276$429,824,085$430,542,765−0.2%
Johns Hopkins Howard County Medical Center, Columbia245$339,623,789$349,774,663−3.0%
Medstar Franklin Square Medical Center, Baltimore357$628,744,757$646,658,102−2.9%
Suburban Hospital, Bethesda253$390,310,578$417,802,214−7.0%

Patients and payers

Discharges
15,984
S-3 line 14, col 15
Inpatient days
80,814
S-3 line 14, col 8
Beds in use, on an average day
222.0
days ÷ days in year
Occupancy
80.5%
days ÷ bed days
Medicare share of days
35.9%
S-3 cols 6 ÷ 8
Medicaid share of days
5.6%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: TIDAL HEALTH (100%), home office; PEN MED GRP (100%), tidal physician.

Type of control on its cost report: voluntary nonprofit, other.

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by TIDALHEALTH PENINSULA REGIONAL INC (employer identification number 520591628) for tax year 2022. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$70,797,425IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$10,358,300IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$10,358,300IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$60,439,125IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.144IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202411359349312756. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by TIDALHEALTH PENINSULA REGIONAL INC (employer identification number 520591628) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
ANGELA BRITTINGHAMCHIEF NURSING OFFICER BEG 04/23Key employee$0$161,488$22,932
ANTHONY ADRIGNOLO III MDBOARD MEMBERTrustee/director$0$0$0
BRUCE I RITCHIECFO THRU 01/23Officer$0$732,177$163,746
CHARLES SILVIA JR MDFMR V.P. CHIEF MED. OFF. THRU 01/22Former$0$158,693$20,329
DAVID SECHLER MDBOARD MEMBER BEG 01/23Trustee/director$0$373,271$43,838
DIANE TURNERBOARD MEMBER BEG 01/23Trustee/director$0$0$0
JAMES HARTSTEINSECRETARYTrustee/director, Officer$0$0$0
JAMES TRUMBLE MDV.P. CLINICAL INTEGRATIONKey employee$0$419,482$28,782
JANELLE BEILERBOARD MEMBERTrustee/director$0$0$0
JASON MORRISBOARD MEMBERTrustee/director$0$0$0
JULIUS ZANT MDCHAIRPERSONTrustee/director, Officer$0$0$0
KAREN POISKERBOARD MEMBERTrustee/director$0$0$0
KARIN DIBARI MDV.P. TH MEDICAL PARTNERS THRU 10/22Key employee$0$859,394$21,402
KATHRYN FIDDLERV.P. POPULATION HEALTHKey employee$0$355,293$42,087
LURA LUNSFORDV.P. OPERATIONSOfficer$0$748,468$68,177
MARY DIBARTOLOBOARD MEMBERTrustee/director$0$0$0
MEMO DIRIKERIMMEDIATE PAST CHAIRPERSONTrustee/director, Officer$0$0$0
PERCY J PURNELLBOARD MEMBERTrustee/director$0$0$0
RONDALL ALLEN PHARMDBOARD MEMBERTrustee/director$0$0$0
SARAH ARNETTFMR CHIEF NURSING OFFICER THRU 04/22Former$0$217,782$24,237
SARAH SCOTTV.P. PEOPLE & ORGANIZATON DEVKey employee$0$378,869$74,781
STEPHANIE GARYV.P. FINANCE/CFO BEG 01/23Officer$0$475,048$43,804
STEVEN LEONARDPRESIDENT/CEOTrustee/director, Officer$0$1,129,120$78,830
SUSAN WILGUS-MURPHYBOARD MEMBERTrustee/director$0$0$0
TIMOTHY FEISTV.P CHIEF COMPLIANCE OFFICERKey employee$0$352,164$116,509
TRUDY HALL MDV.P. CHIEF MEDICAL OFF. BEG 07/22Officer$0$260,186$32,931
VEL NATESAN MDBOARD MEMBER THRU 12/22Trustee/director$0$274,577$0

E-file object id 202411359349312756. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 210019. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read December 31, 2025.