Short-term acute care hospital · New Brunswick, New Jersey · 335 beds · CMS certification number 310070
Saint Peters University Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, amended, stamped by CMS August 12, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $186.5M in its first year on file (1996) to $619.6M in 2025.
- Its result from patient care: −$15.7M (2023), −$18.3M (2024), −$13.9M (2025).
- 2 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 12.2% of its inpatient days and Medicare for 14.1%.
Every statement is drawn from figures on this page; nothing is estimated.
30 years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Short-term acute care hospitals in New Jersey with 200 to 399 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Saint Peters University Hospital | 335 | $619,567,021 | $633,457,268 | −2.2% |
| JFK University Medical Center, Edison | 367 | $951,361,308 | $1,036,896,298 | −9.0% |
| Robert Wood Johnson Hospital at Somerset, Somerville | 321 | $453,342,880 | $438,920,439 | 3.2% |
| The Valley Hospital, Paramus | 385 | $1,231,944,311 | $1,109,240,736 | 10.0% |
| University of Medicine and Dentistry of NJ, Newark | 358 | $858,792,817 | $1,073,504,171 | −25.0% |
| Virtua Mount Holly Hospital, Mt. Holly | 312 | $488,873,441 | $426,598,369 | 12.7% |
Patients and payers
- Discharges
- 13,656S-3 line 14, col 15
- Inpatient days
- 79,260S-3 line 14, col 8
- Beds in use, on an average day
- 217.7days ÷ days in year
- Occupancy
- 64.8%days ÷ bed days
- Medicare share of days
- 14.1%S-3 cols 6 ÷ 8
- Medicaid share of days
- 12.2%S-3 cols 7 ÷ 8
Who owns it
Indirect owner: SAINT PETER'S HEALTHCARE SYSTEM INC
Related organizations on its own cost report: ST PETERS HEAL, home office.
Type of control on its cost report: voluntary nonprofit, other.
Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).
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.
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 310070. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.
How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read August 12, 2026.