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Short-term acute care hospital · Philadelphia, Pennsylvania · 420 beds · CMS certification number 390226

The Pennsylvania Hospital of the University of Pennsylvania Health Sys

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 17, 2025. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$844.2M
$844,204,610 · G-3 line 3
Operating expenses
$950.4M
$950,432,951 · G-3 line 4
Result from patient care
−$106.2M
−$106,228,341 · G-3 line 5
Margin on patient care
−12.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $205.6M in its first year on file (1997) to $844.2M in 2025.
  • Its result from patient care: −$65.3M (2023), −$84.2M (2024), −$106.2M (2025).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 4.1% of its inpatient days and Medicare for 15.2%.
  • 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.

Net patient revenueOperating expenses
1997
settled
$205.6M
$232.4M
1998
settled
$105.2M
$142.3M
1999
reopened
$197.4M
$227.0M
2000
reopened
$204.1M
$232.7M
2001
reopened
$233.1M
$234.9M
2002
settled with audit
$275.4M
$265.6M
2003
reopened
$279.7M
$298.5M
2004
reopened
$306.2M
$318.7M
2005
reopened
$322.3M
$336.8M
2006
reopened
$337.5M
$363.2M
2007
reopened
$377.3M
$382.5M
2008
reopened
$411.1M
$421.0M
2009
reopened
$415.2M
$440.7M
2010
reopened
$444.4M
$464.0M
2011
reopened
$475.9M
$497.1M
2012
reopened
$489.6M
$514.6M
2013
reopened
$479.8M
$534.3M
2014
reopened
$532.9M
$590.0M
2015
reopened
$573.9M
$605.5M
2016
reopened
$613.2M
$631.0M
2017
reopened
$629.3M
$662.7M
2018
reopened
$597.5M
$644.1M
2019
reopened
$610.8M
$658.5M
2020
reopened
$602.2M
$681.3M
2021
settled
$656.6M
$718.5M
2022
settled
$692.7M
$786.2M
2023
as submitted
$739.0M
$804.2M
2024
amended
$780.5M
$864.6M
2025
as submitted
$844.2M
$950.4M

Beside its peers

Short-term acute care hospitals in Pennsylvania with 400 and over beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
The Pennsylvania Hospital of the University of Pennsylvania Health Sys420$844,204,610$950,432,951−12.6%
Allegheny General Hospital, Pittsburgh508$1,047,682,019$1,014,132,5203.2%
Jefferson Health - Northeast, Philadelphia457$648,713,545$738,698,903−13.9%
UPMC Hamot, Erie431$635,064,867$630,353,5230.7%
UPMC Pinnacle Hospitals, Harrisburg529$1,554,969,410$1,241,800,03120.1%
Wellspan York Hospital, York534$1,746,521,166$1,573,909,2069.9%

Patients and payers

Discharges
23,451
S-3 line 14, col 15
Inpatient days
95,989
S-3 line 14, col 8
Beds in use, on an average day
263.7
days ÷ days in year
Occupancy
62.6%
days ÷ bed days
Medicare share of days
15.2%
S-3 cols 6 ÷ 8
Medicaid share of days
4.1%
S-3 cols 7 ÷ 8

Who owns it

  • TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA100%

Related organizations on its own cost report: PA CORPORATION (100%), rental corporation; PENN MEDICINE (100%), healthcare.

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), Penn Presbyterian Medical Center (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 PENNSYLVANIA HOSPITAL OF THE (employer identification number 311538725) 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)$63,934,270IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$3,059,306IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$38,823,911IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$41,883,217IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$22,051,053IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0802IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202421349349300447. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by PENNSYLVANIA HOSPITAL OF THE (employer identification number 311538725) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
ALLEN H BAR MDBOARD MEMBERTrustee/director$0$18,789$0
DANIEL WILSONMEM. AS OF 2/23,CEO AS OF 1/23Trustee/director, Officer$314,516$0$28,396
ELIZABETH J CRAIG DNP RN FACHEBOARD MEMBER UNTIL 8/22Trustee/director, Officer$219,345$0$19,415
FRANK A ANASTASI FHFMACFO, ASST CONTROLLER,SECRETARYTrustee/director, Officer$372,998$0$20,538
JILL ROBERTSBOARD MEMBERTrustee/director$0$0$0
JODY J FOSTERCHAIR DEPT. PSYCHIATRYHighest-compensated employee$558,428$0$26,044
KATHY BOSTONASST. SECRETARYTrustee/director, Officer$80,421$0$8,848
KATHY KILLIANBOARD MEMBERTrustee/director$0$0$0
KEITH KASPEREX-OFFICIO MEMBER, CONTROLLERTrustee/director, Officer$0$1,716,989$24,644
KERRI HARTNETTASSOCIATE CFOHighest-compensated employee$237,654$0$19,168
KEVIN B MAHONEYEX-OFFICIO MEMBERTrustee/director$0$2,872,713$524,230
LINDSAY AYLINGVP PERIOP SERVICESHighest-compensated employee$280,173$0$17,641
MELISSA L ZAK DNP MBA RNBOARD MEMBER AS OF 6/23Trustee/director$0$0$0
MICHELLE M VOLPEEX-OFFICIO MEM, COO AS OF 9/22Trustee/director, Officer$0$1,067,399$101,405
PHILLIP A OKALAEX-OFFICIO MEMBER UNTIL 8/22Trustee/director$0$1,201,151$229,198
SAITA A DAVISNURSE RNHighest-compensated employee$238,274$0$5,958
SUEYUN LOCKS MFABOARD MEMBERTrustee/director$0$0$0
THERESA M LARIVEEBOARD MEMBER, CEO UNTIL 1/23Trustee/director, Officer$0$904,588$110,830
THOMAS J SHARBAUGH JDBOARD MEMBER, CHAIRTrustee/director, Officer$0$0$0
TRACY WU-TRAMNURSE RNHighest-compensated employee$270,534$0$18,176
WILLIAM H LIPSHUTZ MDBOARD MEMBERTrustee/director$0$0$0

E-file object id 202421349349300447. 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 390226. 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 17, 2025.