Short-term acute care hospital · Philadelphia, Pennsylvania · 352 beds · CMS certification number 390223
Penn Presbyterian Medical Center
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 4, 2025. 29 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 $135.5M in its first year on file (1997) to $1.1B in 2025.
- Its result from patient care: −$186.4M (2023), −$241.9M (2024), −$316.2M (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 3.5% of its inpatient days and Medicare for 22.3%.
- TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA holds 100% of it, on its Medicare enrollment.
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.
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as submitted
Beside its peers
Short-term acute care hospitals in Pennsylvania with 200 to 399 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Penn Presbyterian Medical Center | 352 | $1,134,062,321 | $1,450,270,865 | −27.9% |
| Albert Einstein Medical Center, Philadelphia | 341 | $792,007,708 | $1,031,535,714 | −30.2% |
| Geisinger Wyoming Valley Medical Center, Wilkes Barre | 349 | $1,080,840,357 | $962,553,232 | 10.9% |
| Lankenau Medical Center, Wynnewood | 370 | $731,570,627 | $770,844,098 | −5.4% |
| Saint Mary Medical Center, Langhorne | 348 | $381,614,411 | $409,299,130 | −7.2% |
| UPMC Passavant, Pittsburgh | 365 | $495,557,868 | $534,720,075 | −7.9% |
Patients and payers
- Discharges
- 17,088S-3 line 14, col 15
- Inpatient days
- 111,079S-3 line 14, col 8
- Beds in use, on an average day
- 305.2days ÷ days in year
- Occupancy
- 89.0%days ÷ bed days
- Medicare share of days
- 22.3%S-3 cols 6 ÷ 8
- Medicaid share of days
- 3.5%S-3 cols 7 ÷ 8
Who owns it
- TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA100%
Related organizations on its own cost report: UNIV OF PA HEAL, health care; UNIV OF PA HEAL, health care; UNIV OF PA HEAL, health care; HOME CARE SERVI, health care.
Other hospitals with the same owner: Penn Medicine Princeton Medical Center (NJ), Lancaster General Hospital (PA), Hospital of the University of Pennsylvania (PA), Chester County Hospital (PA), Doylestown Hospital (PA), The Pennsylvania Hospital of the University of Pennsylvania Health Sys (PA), Penn Medicine | Good Shepherd Rehabilitation (PA), Lancaster Behavioral Health Hospital (PA).
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 PRESBYTERIAN MEDICAL CENTER OF THE (employer identification number 232810852) for tax year 2022. The return lists this hospital as its one hospital facility.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total community benefit expense (line 7k) | $72,172,280 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $4,592,398 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $51,073,306 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $21,098,974 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.0613 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202401349349304080. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by PRESBYTERIAN MEDICAL CENTER OF THE (employer identification number 232810852) for tax year 2022. 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 |
|---|---|---|---|---|---|
| ANN CONLIN | BOARD MEMBER | Trustee/director | $0 | $0 | $0 |
| ANNEMARIE WALTER | ASST. SECRETARY THRU 9/30/22 | Trustee/director, Officer | $0 | $70,363 | $8,541 |
| ANTHONY ZUMPANO | ASST. CONT/SEC. THRU 5/25/23 | Trustee/director, Officer | $393,414 | $0 | $17,880 |
| BENJAMIN C SUN MD MPP | BOARD MEMBER AS OF 5/4/2023 | Trustee/director | $0 | $0 | $0 |
| CLARE D'AGOSTINO ESQ | BD MEMBER; CHAIR THRU 3/12/23 | Trustee/director, Officer | $0 | $0 | $0 |
| GARY GINSBERG | ASSISTANT HOSPITAL DIRECTOR | Highest-compensated employee | $293,832 | $0 | $21,682 |
| GENE GOFMAN MBA | ASST CONT/SEC. AS OF 5/23/23 | Trustee/director, Officer | $263,456 | $0 | $28,442 |
| JACK ENDE MD | BOARD MEMBER | Trustee/director | $0 | $359,021 | $45,609 |
| JAMES BALLINGHOFF RNMSNMBA | BOARD MEMBER; CNO | Trustee/director, Officer | $413,921 | $0 | $11,193 |
| JUDGE RENEE CARDWELL HUGHES | BRD MBR; CHAIR AS OF 5/11/23 | Trustee/director, Officer | $0 | $0 | $0 |
| KEITH KASPER | CONTROLLER;EX-OFFICIO MEMBER | Trustee/director, Officer | $0 | $1,716,989 | $24,644 |
| KEVIN B MAHONEY | EX-OFFICIO MEMBER | Trustee/director | $0 | $2,872,713 | $524,230 |
| KIMBERLY A DEPPERT | ASSOC. EXEC DIR. CARD SRVCS | Highest-compensated employee | $313,875 | $0 | $12,949 |
| LORIANN GAGLIARDI | CLINICAL DIRECTOR | Highest-compensated employee | $319,203 | $0 | $19,387 |
| MICHELE M VOLPE | COO UPHS; EX-OFFICIO MBR | Trustee/director, Officer | $0 | $1,067,399 | $101,405 |
| NISHAMINY KASBEKAR | CHIEF PHARMACY OFFICER | Highest-compensated employee | $314,773 | $0 | $28,351 |
| PHILLIP A OKALA | EX-OFFICIO MEMBER THRU 8/31/22 | Trustee/director | $0 | $1,201,151 | $229,198 |
| REV DR WILLIAM J SHAW | BOARD MEMBER | Trustee/director | $0 | $0 | $0 |
| ROBERT J RUSSELL MPANHAFACHE | ACTING CEO AS OF 9/1/22;EX-OFF | Trustee/director, Officer | $358,603 | $0 | $20,605 |
| S SIU MD | PHYSICIAN ADVISOR | Highest-compensated employee | $325,250 | $0 | $20,108 |
E-file object id 202401349349304080. 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 390223. 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 HOSP10FY2024.ZIP, read December 4, 2025.