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Short-term acute care hospital · Hershey, Pennsylvania · 645 beds · CMS certification number 390256

Penn State Milton S Hershey Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS September 30, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$2.4B
$2,356,179,230 · G-3 line 3
Operating expenses
$2.4B
$2,402,481,600 · G-3 line 4
Result from patient care
−$46.3M
−$46,302,370 · G-3 line 5
Margin on patient care
−2.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $264.0M in its first year on file (1997) to $2.4B in 2025.
  • Its result from patient care: −$57.1M (2023), −$61.9M (2024), −$46.3M (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 3.2% of its inpatient days and Medicare for 17.1%.
  • PENN STATE HEALTH 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
reopened
$264.0M
$273.7M
1998
reopened
$308.7M
$316.0M
1999
reopened
$310.7M
$335.4M
2000
reopened
$299.9M
$338.2M
2001
reopened
$323.1M
$345.5M
2002
reopened
$357.7M
$375.8M
2003
reopened
$368.8M
$382.7M
2004
reopened
$441.9M
$430.9M
2005
reopened
$507.2M
$490.3M
2006
reopened
$548.1M
$538.9M
2007
reopened
$618.5M
$604.0M
2008
reopened
$651.2M
$639.1M
2009
reopened
$709.6M
$691.5M
2010
reopened
$770.5M
$744.8M
2011
reopened
$913.7M
$843.2M
2012
reopened
$982.3M
$865.4M
2013
reopened
$1.1B
$925.5M
2014
reopened
$1.2B
$1.0B
2015
reopened
$1.3B
$1.1B
2016
reopened
$1.4B
$1.2B
2017
reopened
$1.4B
$1.4B
2018
reopened
$1.5B
$1.4B
2019
reopened
$1.6B
$1.4B
2020
reopened
$1.7B
$1.7B
2021
settled
$1.8B
$1.8B
2022
settled with audit
$2.0B
$2.0B
2023
settled with audit
$2.1B
$2.1B
2024
as submitted
$2.2B
$2.3B
2025
as submitted
$2.4B
$2.4B

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Penn State Milton S Hershey Medical Center645$2,356,179,230$2,402,481,600−2.0%
Abington Memorial Hospital, Abington611$778,269,676$916,167,480−17.7%
Lancaster General Hospital, Lancaster620$1,561,046,859$1,805,115,164−15.6%
St. Lukes Hospital -Allentown Campus, Bethlehem807$1,438,717,490$1,217,503,32215.4%
Temple University Hospital, Philadelphia761$2,570,857,747$2,575,778,165−0.2%
Thomas Jefferson University Hospitals, Philadelphia866$2,189,545,190$2,658,257,251−21.4%

Patients and payers

Discharges
27,441
S-3 line 14, col 15
Inpatient days
174,841
S-3 line 14, col 8
Beds in use, on an average day
480.3
days ÷ days in year
Occupancy
74.3%
days ÷ bed days
Medicare share of days
17.1%
S-3 cols 6 ÷ 8
Medicaid share of days
3.2%
S-3 cols 7 ÷ 8

Who owns it

  • PENN STATE HEALTH100%
  • THE PENNSYLVANIA STATE UNIVERSITY80%
  • HIGHMARK HEALTH20%

Related organizations on its own cost report: PENN STATE HEALTH, shared support services.

Other hospitals with the same owner: Westfield Memorial Hospital (NY), Penn State Health Holy Spirit Medical Center (PA), Saint Vincent Hospital (PA), Allegheny Valley Hospital (PA), Heritage Valley Beaver (PA), Heritage Valley Sewickley (PA), Allegheny General Hospital (PA), The Western Pennsylvania Hospital (PA), Penn State Health St. Joseph (PA), Canonsburg Hospital (PA), Jefferson Hospital (PA), Grove City Medical Center (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 THE MILTON S HERSHEY MEDICAL CENTER (employer identification number 251854772) 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)$104,369,075IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$15,651,833IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$21,212,068IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$36,863,901IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$67,505,174IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0427IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202431319349305263. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by THE MILTON S HERSHEY MEDICAL CENTER (employer identification number 251854772) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
ANNEMARIE BOYANFMR SEC/PSH GC (PSU EMP) (THRU 2/22)Former$0$142,089$12,694
BEHZAD SOLEIMANIPHYSICIANHighest-compensated employee$1,050,235$0$48,039
BONY DAWOODDIRECTORTrustee/director$0$0$0
BRAD ZACHARIAPHYSICIANHighest-compensated employee$1,073,580$0$61,123
BRIAN HUDSONDIRECTORTrustee/director$0$0$0
DEBORAH ADDOINT. PRES/DIRECTOR/PSH COOTrustee/director, Officer$0$920,763$48,852
DEBORAH BERINIPRESIDENT / DIRECTOR (THRU 8/2022)Trustee/director, Officer$815,400$0$115,829
DENNIS BRENCLKECHAIR / DIRECTORTrustee/director, Officer$0$0$0
ERIKA SAUNDERSFMR DIR (THRU 6/22) / PSYCHIATRISTFormer$504,022$0$40,848
JAMES MCINERNEYPHYSICIANHighest-compensated employee$1,056,529$0$62,024
JEANNE ARNOLDDIRECTORTrustee/director$0$0$0
JESSE BIBLEPHYSICIANHighest-compensated employee$1,251,898$0$62,024
JODY REYESCHIEF OPERATING OFFICEROfficer$502,763$0$42,971
JOHN KELLEHERPHYSICIANHighest-compensated employee$1,238,850$0$62,024
JULIE NICKELLTREASURER / CFOOfficer$427,614$0$61,876
KATHLEEN MILLERASSOC. SECRETARYOfficer$0$99,552$10,921
KATHY PAPEVICE CHAIR / DIRECTORTrustee/director, Officer$0$0$0
KEVIN P BLACK MDDEAN OF MEDICINEKey employee$1,030,848$0$47,707
MICHELE SZKOLNICKICNOKey employee$447,916$0$54,801
NICOLE LEHMANINTERIM SEC. (PSU EMP)Officer$0$276,742$97,256
PETER TOMBROSDIRECTORTrustee/director$0$0$0
ROB BOWMANDIRECTORTrustee/director$0$0$0
ROBERT HARBAUGHFMR KE (THRU 6/22) - SVP, MED GROUPFormer$640,696$0$61,575
ROSS DARROWVICE PRESIDENT, TREASUREROfficer$0$301,878$61,619
TIM MOSHER MDDIRECTOR / CHAIR, DEPT RADTrustee/director$716,639$0$55,711
TOM LENKEVICHDIRECTORTrustee/director$0$0$0
TONY FARAHDIRECTORTrustee/director$0$0$0

E-file object id 202431319349305263. 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 390256. 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 September 30, 2026.