Cause IQ organization profile

Reading Health System

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Reading Health System is a general hospital based in Reading, PA that was founded in 1869. As of 2018 they had $986 million in revenue and $911 million in assets.

Reading Health System provides a continuum of care and services from prevention and education to the latest clinical services.

Previous legal names or variations of their name include: Reading Hospital.

Fiscal year end:
Revenue trends:
Asset trends:

Program areas at Reading Health System

Operating room - 18,346 total surgeries Reading Hospital operates in a market served by nearly 20 specialty, investor-owned facilities, which carve out the best paying insurance plans, the highest margin procedures, and the least complicated patients to serve. By continuing to provide a full service surgical service, rh offers the most advanced surgical options, from robotic assisted, minimally invasive surgery to a full spectrum of outpatient surgical options. And to ensure our community has access to surgical specialities that may be experiencing shortages elsewhere in the country. Rh supports its surgeons in their fellowship training and recruits and retains surgeons in areas like plastic surgery - available only during limited hours or not at all, in other hospitals in its market.

Pharmacy - 8,723,797 drugs dispensed rh provides access to needed prescriptions for those patients who cannot afford their medication. Each month rh absorbs the cost of prescription medication for patients of rh with no prescription coverage. Rh recognizes the important role of patient compliance with their treatment, including taking medication as prescribed, and recognizes that patients without the ability to pay for those medications will simply not comply. To ensure optimal patient health and the best patient outcomes, rh absorbs the costs of these medications as part of our exempt purpose in our community.

Emergency care - 135,729 emergency room visits rh emergency department provides emergency, urgent and primary care services to our community "24/7/365," regardless of ability to pay. Volume to rh emergency department ranks it among the top three in the state of Pennsylvania year after year. As the area's only accredited trauma center, rh also provides immediate access through its emergency department to all specialty services, from trauma surgeons to plastic surgeons, and all areas of sepciality care. In addition to its trauma certification, rh is the only Hospital in the region to have made a commitment to accrediated care in stroke and chest pain. Following the relocation of the other Hospital in the city to a new suburban campus, rh is fulfilling its committment to serve the underserved population of the city.

Form 990s for Reading Health System

Fiscal year endingDate received by IRSFormPDF link
2018-06Jul 23, 2019990View PDF
2017-06May 14, 2018990View PDF
2016-06Oct 6, 2017990View PDF
2015-06Jul 25, 2016990View PDF
2014-06May 14, 2015990View PDF
...and five more Form 990 PDFs

Financials for Reading Health System

Total grants, contributions, etc.$4,633,650
Program services$954,357,026
Investment income and dividends$371,894
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$5,027,593
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$22,291,997
Total revenues$986,682,160

Vendors for Reading Health System

VendorServicesAmount paidDate
Alliant Insurance ServicesInsurance agent or broker$23,9302019-12-31
██████ ████████ ██ ███████Insurance2019-12-31
█████ ██████ ██ ████████████Insurance2019-12-31
███████ █████████ █████████ ███████Insurance2019-12-31
████████ █████████ ███████████Insurance2019-12-31
███████ █████████ █████████ ████Insurance agent or broker$32,1232019-12-31
████ ███Audit accounting2019-10-10
██████████████████████ ███Tax accounting2019-04-30
...and five more vendors

Personnel at Reading Health System

NameTitleCompensationMost recent data
Clint MatthewsPresident and Chief Executive Officer$2.0 millionJune 30, 2018
Dan AhernExecutive Vice President Business Development$719,763June 30, 2018
█████ █ ██████Vice President$385,682June 30, 2018
██████ █████Director of Tax and Grants-Oct. 12, 2019
████ █ ██████Executive Vice President Chief Financial Officer$793,626June 20, 2019
█ ██████ ████Vice Chairman$0June 30, 2018
████ ████████Executive Vice President Chief Marketing Officer$806,149June 30, 2018
█████ ██ ██████Chairman$0June 30, 2018
███████ ██████Execytuve Vice President Chief Operating Officer$972,078June 30, 2018
███████ █ █████Former Chief Financial Officer$863,479June 30, 2016
...and two more key personnel

Peer general hospitals

1Lancaster General Health Penn Medicine (LGH)501(c)(3)$1.0 billionLancaster, PA
2Chester County Hospital501(c)(3)$333 millionWest Chester, PA
3The Williamsport Hospital501(c)(3)$416 millionPittsburgh, PA
4Pennsylvania Hospital of the University of Pennsylvania Health System501(c)(3)$681 millionPhiladelphia, PA
5Lehigh Valley Hospital501(c)(3)$1.6 billionAllentown, PA
6Heritage Valley Sewickley and Heritage Valley Beaver501(c)(3)$372 millionSewickley, PA
7Washington Health System Washington Hospital501(c)(3)$252 millionWashington, PA
8Butler Memorial Hospital (BHS)501(c)(3)$298 millionButler, PA
9Mercy Catholic Medical Center of Southeastern Pennsylvania501(c)(3)$370 millionConshohocken, PA
10St Clair Health Corporation Group Return501(c)(3)$363 millionPittsburgh, PA
11Abington Hospital - Jefferson Health501(c)(3)$840 millionAbington, PA
12Geisinger Community Medical Center501(c)(3)$314 millionDanville, PA
13Temple University Hospital (TUH)501(c)(3)$1.1 billionPhiladelphia, PA
14UPMC Altoona501(c)(3)$394 millionAltoona, PA
15Mount Nittany Medical Center501(c)(3)$427 millionState College, PA
16Thomas Jefferson University Hospital501(c)(3)$1.8 billionPhiladelphia, PA
17Perelman School of Medicine at the University of Pennsylvania501(c)(3)$880 millionPhiladelphia, PA
18Kennedy Health501(c)(3)$644 millionPhiladelphia, PA
19Robert Packer Hospital501(c)(3)$394 millionSayre, PA
20Lehigh Valley Hospital-Muhlenberg501(c)(3)$300 millionAllentown, PA
21Jefferson Health - Northeast501(c)(3)$467 millionPhiladelphia, PA
22Unity Hospital of Rochester501(c)(3)$505 millionRochester, NY
23SSM Health Care of Oklahoma501(c)(3)$614 millionSt Louis, MO
24Saint Agnes Hospital501(c)(3)$434 millionBaltimore, MD
25St Vincent Evansville501(c)(3)$528 millionEvansville, IN