Medicare cost report · CMS certification number 310070
ST. PETERS UNIVERSITY HOSPITAL
NEW BRUNSWICK, New Jersey · short-term acute care hospital
Buy the report: $295Filing alerts: $390/year · The register under license: from $25,000/year
Figures for January 1, 2025 to December 31, 2025 — a reporting period of 364 days, on form CMS-2552-10, amended.
This hospital also appears on the 340B covered-entity register: SAINT PETER'S UNIVERSITY HOSPITAL.
Finances, as filed
From this hospital’s Medicare cost report for the year ended December 31, 2025.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total patient revenue | $619,567,021 | CMS-2552-10 worksheet G300000 line 100 column 100 |
| Net patient revenue | $619,567,021 | CMS-2552-10 worksheet G300000 line 300 column 100 |
| Total operating expenses | $633,457,268 | CMS-2552-10 worksheet G300000 line 400 column 100 |
| Income from service to patients | −$13,890,247 | CMS-2552-10 worksheet G300000 line 500 column 100 |
| Charity care, at charges | $250,765,030 | CMS-2552-10 worksheet S100001 line 2000 column 300 |
| Charity care, at cost | $806,210 | CMS-2552-10 worksheet S100001 line 2300 column 300 |
| Bad debt expense | $17,869,136 | CMS-2552-10 worksheet S100001 line 2600 column 100 |
| Bad debt other than Medicare, at cost | $2,116,116 | CMS-2552-10 worksheet S100001 line 2900 column 100 |
| Uncompensated care, at cost | $2,922,326 | CMS-2552-10 worksheet S100001 line 3000 column 100 |
| Total facility beds | 335 | CMS-2552-10 worksheet S300001 line 1400 column 200 |
| Cost-to-charge ratio | 0.1140 | CMS-2552-10 worksheet S100001 line 100 column 100 |
| Allowable disproportionate share percentage | 0.1609 | CMS-2552-10 worksheet E00A18A line 3300 column 100 |
Cost report filed under CMS certification number 310070 for January 1, 2025 to December 31, 2025, amended. The public file it was read from.
Community benefit, as filed
From IRS Form 990 Schedule H, Part I, filed by SAINT PETER'S UNIVERSITY HOSPITAL (employer identification number 221487330) for tax year 2023. The return lists this hospital as its one hospital facility.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total community benefit expense (line 7k) | $45,181,535 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $1,164,931 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Medicaid (line 7b) | $29,423,044 | IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $30,587,975 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $14,593,560 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.0799 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202423199349313027. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by SAINT PETER'S UNIVERSITY HOSPITAL (employer identification number 221487330) for tax year 2023. The return lists this hospital as its one hospital facility.
| Name | Title | Role | Reportable comp, from this organization | Reportable comp, from related organizations | Other compensation |
|---|---|---|---|---|---|
| Alfred J Gaburo Jr | Trustee | Trustee/director | $0 | $0 | $0 |
| Alma S Ratcliffe MD | VP;CHIEF CLINICAL TRANSF. OFF. | Key employee | $0 | $761,241 | $102,346 |
| Alyssa A Verderami Esq | Secretary-VP Legal & Risk Mgt | Key employee | $0 | $555,474 | $101,794 |
| Andrew Korman MD | Gastroenterologist | Highest-compensated employee | $803,092 | $0 | $53,180 |
| Arkady Broder MD | Gastroenterologist | Highest-compensated employee | $1,012,221 | $0 | $61,131 |
| Barbara J Griffiths-Welsh | Chief Compliance Officer | Key employee | $0 | $376,216 | $80,125 |
| Borislav Stoev DO FACEP | Trustee (Termed 01/10/2023) | Trustee/director | $0 | $0 | $0 |
| Carol A Purcell | Trustee | Trustee/director | $0 | $0 | $0 |
| Christopher Gribbon MD | TRUSTEE-PAST PRES MED STAFF | Trustee/director | $0 | $0 | $0 |
| David Jacob MD | Cardiologist | Highest-compensated employee | $945,707 | $0 | $34,710 |
| DAVID SAMUEL PE PP CME | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| Garrick J Stoldt FHFMA CPA | Treasurer - CFO SPHCS | Officer | $0 | $824,300 | $121,387 |
| Jordan M Tannenbaum MDMBA | VP; CIO/CMIO | Key employee | $0 | $684,863 | $105,762 |
| Judith T Caruso DNP MBA | Trustee | Trustee/director | $0 | $0 | $0 |
| Kevin Nini MD | Trustee | Trustee/director | $0 | $0 | $0 |
| Kianoush Sheykholeslami MD | ENT Surgeon (Term 12/31/2023) | Highest-compensated employee | $745,922 | $0 | $36,650 |
| LAURA ATKINSON | VP; CHIEF HR OFF.(EFF 3/20/23) | Key employee | $0 | $403,298 | $64,265 |
| Leonardo DeCandia | Trustee | Trustee/director | $0 | $0 | $0 |
| Leslie D Hirsch FACHE | Trustee - President/CEO | Trustee/director, Officer | $0 | $1,703,149 | $315,335 |
| Linda Carroll MSN RN-BC | CNO/VP Patient Care Services | Key employee | $616,871 | $0 | $103,425 |
| Lindsay Arthur | Chairman - Surgery | Highest-compensated employee | $903,891 | $0 | $52,919 |
| Lisa M Drumbore | VP; Chief Experience Officer | Key employee | $0 | $442,307 | $81,876 |
| Maureen Cernadas MD | TRUSTEE-PRES MED STAFF | Trustee/director | $0 | $0 | $0 |
| Nayan K Kothari MD | Chief Academic Officer | Key employee | $556,572 | $0 | $41,666 |
| Niranjan V Rao MD | Chief Medical Officer | Officer | $0 | $616,194 | $97,748 |
| Racheal Ankrah-Fosu | Trustee | Trustee/director | $0 | $0 | $0 |
| Rev Jon Toborowsky VG | Trustee | Trustee/director | $0 | $0 | $0 |
| Rev Monsignor John N Fell | Trustee | Trustee/director | $0 | $0 | $0 |
| Rev Timothy A Christy VG | Trustee (Termed 06/01/2023) | Trustee/director | $0 | $0 | $0 |
| Vincent J Dicks | Chairman - Trustee | Trustee/director, Officer | $0 | $0 | $0 |
| William J Rears | Chief Technology Officer | Key employee | $0 | $270,798 | $43,471 |
E-file object id 202423199349313027. The IRS archive it was read from.
This hospital’s current CEO’s pay is also benchmarked against its state, facility-class and bed-band peers in the 990 Hospital CEO Pay Benchmark.
Where this hospital sits among its peers
A position, not a grade. Each line names the figure, how it is measured, and the hospitals it is placed among: short-term acute care hospitals in the same state and the same bed-size band, each on its latest filed year. Under it, the same figure across every hospital that filed for the year — a larger set, and a different one.
- 71stpercentile of 31 hospitals in NJ, same facility class, 200 to 399 bedsNet patient revenue, in dollars, as filed
- 74thpercentile of 31 hospitals in NJ, same facility class, 200 to 399 bedsTotal operating expenses, in dollars, as filed
- 8thpercentile of 26 hospitals in NJ, same facility class, 200 to 399 bedsCharity care, at cost, in dollars, as filed
- 4thpercentile of 26 hospitals in NJ, same facility class, 200 to 399 bedsUncompensated care, at cost, in dollars, as filed
- 90thpercentile of 31 hospitals in NJ, same facility class, 200 to 399 bedsTotal facility beds, a count of beds, as filed
- 15thpercentile of 26 hospitals in NJ, same facility class, 200 to 399 bedsCost-to-charge ratio, the ratio, as filed
Peers and history
Every Medicare cost report this hospital has filed, with the date CMS stamped each one, and five hospitals of its own size in New Jersey beside it — each figure with the cell it came from — are in one signed, dated document. The citable document with peers and history — $295.
Get an email when this record changes
One email a day naming what moved on ST. PETERS UNIVERSITY HOSPITAL: the field, the value before, the value after, and the date of the file that first showed it.
The filing alert follows cost reports: one named person, one hospital, invoiced once a year. The certification number arrives filled in because you are on this hospital's own record.
On September 16, 2026, a cost report was filed for fiscal year 2023. That is one line of the filing alert.
Take these figures as a spreadsheet The citable document with peers and history
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Every figure on this page is printed as it appears in this hospital’s Medicare cost report, filed under CMS certification number 310070 on form CMS-2552-10, publication year 2025, file HOSP10FY2025.ZIP.
How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read August 12, 2026.
The full report for ST. PETERS UNIVERSITY HOSPITAL
Every figure on this page as a document you can keep, file or send on: the finances as filed with the worksheet, line and column each one came from, five hospitals of a similar size in the same state, the contract-pharmacy network year by year, and what changed on the record.
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