Hospital · Short-term acute hospital
Who owns Reading Hospital?
420 S 5th Avenue · West Reading, PA · 19611
Overview
Reading Hospital is a short-term acute hospital in West Reading, Pennsylvania, operated by Reading Hospital. Berks County has 5 hospitals, 12 nursing homes and 21 urgent care centers.
Ownership
Reading Hospital is operated by Reading Hospital, part of Tower Health.
- Operator
- Reading Hospital
- Owner group
- Tower Health
- Ownership type
- Private Nonprofit
- Sources
- CMS Hospital Enrollments and All Owners (PECOS): hospital ownership graph · 2026-10-25
- irs_schedule_h · 202506
- CMS record · 2024
- AHRQ Compendium of U.S. Health Systems (hospital linkage) · 2023-12-31
Ownership history
Every dated change of operator and owner for Reading Hospital, with the source for each.
Full ownership tree of Tower Health
Every entity between this facility and its ultimate owner, with ownership percentages and dates.
Finances
From the hospital's Medicare cost report, fiscal year ending 2025.
| Net patient revenue | $1.46B |
| Operating expenses | $1.27B |
| Net income | $221.5M |
| Net income as a share of net patient revenue | 15.2% |
| Uncompensated care cost | $35.9M |
| Charity care cost | $13.4M |
| Medicaid net revenue | $127.2M |
| Medicare disproportionate share percentage | 12.0% |
Payer mix by inpatient days (2025)
- Commercial and other 70.3%
- Medicare 25.3%
- Medicaid 4.5%
Services
Top inpatient services, Medicare (2024)
| Service | Discharges | Average total payment |
|---|---|---|
| Septicemia or severe sepsis without MV >96 hours with MCC · 871 | 814 | $17K |
| Heart failure and shock with MCC · 291 | 418 | $11K |
| Septicemia or severe sepsis without MV >96 hours without MCC · 872 | 159 | $9K |
| Syncope and collapse · 312 | 149 | $8K |
| Kidney and urinary tract infections without MCC · 690 | 147 | $7K |
Top outpatient services, Medicare (2024)
| Service | Services |
|---|---|
| Comprehensive Observation Services · 8011 | 1,129 |
| Level 5 Musculoskeletal Procedures · 5115 | 306 |
| Level 2 Excision/ Biopsy/ Incision and Drainage · 5072 | 284 |
| Level 1 Endovascular Procedures · 5191 | 271 |
| Level 2 Upper GI Procedures · 5302 | 253 |
Medicare fee-for-service only. Small counts are suppressed by CMS.
Location and market
- Address
- 420 S 5th Avenue · West Reading, PA · 19611
- County
- Berks County
- State
- Pennsylvania
25 off-site locations
Campuses, off-site emergency departments and outpatient departments under this hospital's certification.
Nearby hospitals
| Name | City | Distance |
|---|---|---|
| Haven Behavioral Hospital Of Eastern Pennsylvania | Reading | 1.3 mi |
| Surgical Institute Of Reading | Wyomissing | 2.8 mi |
| Encompass Health Rehabilitation Hospital Of Readin | Reading | 3.2 mi |
| Penn State Health St. Joseph | Reading | 3.7 mi |
| Wellspan Ephrata Community Hospital | Ephrata | 15.9 mi |
| Pottstown Hospital | Pottstown | 18.8 mi |
Sources and identifiers
- Operator: CMS Hospital Enrollments and All Owners (PECOS): hospital ownership graph · irs_schedule_h · CMS record · AHRQ Compendium of U.S. Health Systems (hospital linkage)
- Finances and payer mix: CMS hospital cost reports (HCRIS), fiscal year 2025
- Services: CMS Medicare inpatient and outpatient utilization
- Ownership type and beds: CMS Provider of Services file
- Location: CMS and Census Bureau geography
- CMS certification number
- 390044
- NPI
- 1669530069
- Last confirmed
- 2026-10-23
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