Financial anchor year: FY25. Margin and revenue are as filed for FY25. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY21, the latest filing whose balance sheet reconciled as filed. Every tile below states its own fiscal year; nothing is carried forward or estimated.
The read
A hospital in West Reading, PA. It ran an operating surplus of 14.0% in FY25 on $1480.4M of operating revenue. It held 59 days of cash on hand (62nd percentile among Urban PPS hospitals on liquidity). Operating margin improved from 11.0% in FY21 to 14.0% in FY25. These figures come from filings spanning FY21–FY25: read each by its own year rather than as one current picture.
Operating margin · FY25
+14.0%
▲ 3.1 pts vs FY24
vs Urban PPS hospitals81st pctl of 1,475 (FY25)
Days cash on hand · FY25
59d
all sources
▼ 7.3 days vs FY24
vs Urban PPS hospitals62nd pctl of 1,386 (FY25)
Total operating revenue · FY25
$1.48B
▲ 184.7 $M vs FY24
vs Urban PPS hospitals92nd pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+14.8%
▼ 3.3 pts vs FY24
vs Urban PPS hospitals77th pctl of 1,475 (FY25)
One point of operating margin at READING HOSPITAL is about $14.8M per year (1% of FY25 total operating revenue).
Where READING HOSPITAL sits among Urban PPS hospitals
Operating margin · FY25 pool · n = 1,475 of 2,681 filed
Each point is one Urban PPS hospital in the national distribution for this provider type, placed by operating margin. Facilities are not matched on size, case mix, or market — that is the matched-peer comparison in the paid benchmark. The Urban PPS hospital median is +1.3%. Descriptive context only, not a ranking.
One urban pps hospitalREADING HOSPITALUrban PPS hospital median
The money
$ thousands · HCRIS cost-report basis · as filed, QA-gated
Ratios tell you how this hospital is doing. Statements tell you what kind of organization it is, and where the money comes from. Every figure below traces to a public cost-report filing, shown as filed. A ratio renders only when every input is reported in the filing; a year missing its core lines is not shown; a year whose balance sheet does not reconcile is labeled. Not audited by Astrelis.
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY23
FY24
FY25
Patient revenue
1,147,620
1,268,764
1,460,371
Other operating revenue
1,701
26,937
19,999
Total operating revenue
1,149,321
1,295,701
1,480,370
Total operating expenses
1,077,992
1,154,594
1,273,720
Operating income
71,328
141,107
206,651
Operating margin %
+6.2%
+10.9%
+14.0%
Grants & contributions
8,442
—
3,814
Investment income
20
29
—
Other non-operating, net
93,072
114,693
11,075
Net income
172,862
255,829
221,540
Net income %
+13.8%
+18.1%
+14.8%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
FY23, FY24, FY25 net patient A/R is not shown: gross A/R was not reported on the filing, making the derived net figure spurious (AR quality flag).
How it operates
quality & operational context · CMS public reporting
A 509-bed hospital at 81% occupancy 53% of patient revenue is outpatient.
The metrics this hospital type is judged on: care quality, patient experience, and scale. Each is labeled by evidence class and public source; descriptive context only, never a ranking or adequacy claim.
Scale and flow
Occupancy
81.0%
Verified fact2025
HCRIS WS S-3
Average daily census
413.45
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
509
Verified fact2025
HCRIS WS S-3
Annual discharges
34,184
Verified fact2025
HCRIS WS S-3
Average length of stay
4.4d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
53.5%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
4,421
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
25.1%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.321
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.4%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
1.02
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.170392
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this hospital serves
MONTGOMERY County, PA
Median household income
$77.7K
vs $82.1K US · $59.7K rural median
Poverty rate
11.7%
vs 12.5% US · 14.3% rural median
Uninsured
6.7%
vs 8.6% US · 8.4% rural median
Age 65+
17.7%
vs 16.8% US · 20.6% rural median
Fair or poor health
Not available
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 10.4% of county personal income is Medicare/Medicaid medical benefits; 21.8% arrives as government transfers (BEA, 2022).
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