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Nonprofiteer
← TOWER HEALTH

Form 990 for tax year 2023

Filed by TOWER HEALTH.

Totals

Total revenue
$406,600,464
Total expenses
$514,223,473
Contributions and grants received
$178,662
Grants paid
$0
Program service revenue
$361,356,566
Investment income
$7,217,207
Other revenue
$37,848,029
Total assets, end of year
$1,634,452,647
Total liabilities, end of year
$1,602,621,975
Net assets or fund balances, end of year
$31,830,672
Program services expenses (Part IX)
$423,366,885
Management and general expenses
$90,856,588
Fundraising expenses
$0
Program service expenses (Part III)
$423,366,885

Program services were 82.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $131,934

  • 1f · All other contributions, gifts and grants

    $46,728

  • 2a · Program service revenue: PATIENT CHARGES

    total $342,934,714 · related or exempt $342,934,714

  • 2b · Program service revenue: JOINT VENTURES

    total $16,078,730 · related or exempt $16,692,559 · unrelated business -$613,829

  • 2c · Program service revenue: CARE COORDINATION FEE

    total $2,343,122 · related or exempt $2,343,122

  • 3 · Investment income

    total $3,418,201 · unrelated business $1,761,443 · excluded $1,656,758

  • 6a · Gross rents

    real property $5,695,692

  • 6c · Rental income or loss

    real property $5,695,692

  • 6d · Net rental income or loss

    total $5,695,692 · excluded $5,695,692

  • 7a · Gross sales of assets other than inventory

    securities $41,094,724 · other assets $303,810

  • 7b · Less cost or other basis and sales expenses

    securities $37,599,528

  • 7c · Gain or loss

    securities $3,495,196 · other assets $303,810

  • 7d · Net gain or loss

    total $3,799,006 · excluded $3,799,006

  • 11a · Other revenue: ST. CHRIS MGMT FEE/INTEREST

    total $22,460,987 · related or exempt $22,460,987

  • 11b · Other revenue: DUCOM OPERATIONAL REVENUE

    total $5,125,093 · related or exempt $5,125,093

  • 11c · Other revenue: EMS MEMBERSHIPS

    total $1,171,232 · related or exempt $1,171,232

  • 11d · All other revenue

    total $3,395,025 · related or exempt $2,542,424 · excluded $852,601

  • 11e · Other revenue, total

    $32,152,337

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $754,557 · management and general $754,557

  • 6 · Compensation of disqualified persons

    total $761,742 · management and general $761,742

  • 7 · Other salaries and wages

    total $157,299,169 · program services $153,725,263 · management and general $3,573,906

  • 8 · Pension plan contributions

    total $2,696,922 · program services $2,551,313 · management and general $145,609

  • 9 · Other employee benefits

    total $25,817,402 · program services $25,169,504 · management and general $647,898

  • 10 · Payroll taxes

    total $11,314,367 · program services $10,940,672 · management and general $373,695

  • 11b · Fees: legal

    total $853,777 · management and general $853,777

  • 11d · Fees: lobbying

    total $15,571 · management and general $15,571

  • 11f · Fees: investment management

    total $1,159,896 · management and general $1,159,896

  • 11g · Fees: other

    total $57,652,399 · program services $57,074,369 · management and general $578,030

  • 12 · Advertising and promotion

    total $197,087 · management and general $197,087

  • 14 · Information technology

    total $16,510 · program services $16,510

  • 16 · Occupancy

    total $21,278,586 · program services $20,924,732 · management and general $353,854

  • 17 · Travel

    total $101,186 · program services $98,972 · management and general $2,214

  • 20 · Interest

    total $28,254,632 · program services $28,254,632

  • 22 · Depreciation, depletion and amortization

    total $6,186,283 · program services $6,186,283

  • 23 · Insurance

    total $20,282,540 · program services $20,282,540

  • 24a · Other expenses: CORPORATE EXP ALLOCATION

    total $80,814,248 · management and general $80,814,248

  • 24b · Other expenses: SUPPLIES

    total $46,713,325 · program services $46,624,371 · management and general $88,954

  • 24c · Other expenses: DRUGS & PHARM

    total $33,131,528 · program services $33,131,528

  • 24d · Other expenses: REPAIRS

    total $10,429,935 · program services $10,343,026 · management and general $86,909

  • 24e · All other expenses

    total $8,491,811 · program services $8,043,170 · management and general $448,641

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $138,708,597 · end of year $94,957,178

  • 2 · Savings and temporary cash investments

    beginning of year $2,947 · end of year $3,254

  • 4 · Accounts receivable

    beginning of year $58,243,800 · end of year $62,426,743

  • 8 · Inventories for sale or use

    beginning of year $9,835,092 · end of year $9,784,693

  • 9 · Prepaid expenses and deferred charges

    beginning of year $13,400,342 · end of year $9,256,693

  • 10a · Land, buildings and equipment: cost or other basis

    $169,278,321

  • 10b · Land, buildings and equipment: accumulated depreciation

    $73,796,453

  • 10c · Land, buildings and equipment, net

    beginning of year $99,537,185 · end of year $95,481,868

  • 11 · Investments: publicly traded securities

    beginning of year $103,913,401 · end of year $2,980,361

  • 12 · Investments: other securities

    end of year $100,651,391

  • 13 · Investments: program-related

    beginning of year $19,200,121 · end of year $36,327,489

  • 15 · Other assets

    beginning of year $1,262,993,487 · end of year $1,222,582,977

  • 17 · Accounts payable and accrued expenses

    beginning of year $143,691,535 · end of year $128,583,197

  • 20 · Tax-exempt bond liabilities

    beginning of year $1,278,509,372 · end of year $1,271,283,452

  • 25 · Other liabilities

    beginning of year $193,593,003 · end of year $202,755,326

  • 27 · Net assets without donor restrictions

    beginning of year $89,961,738 · end of year $31,777,078

  • 28 · Net assets with donor restrictions

    beginning of year $79,324 · end of year $53,594

Mission and programs · 2023

Mission

THE MISSION OF TOWER HEALTH IS TO PROVIDE COMPASSIONATE, ACCESSIBLE, HIGH QUALITY, COST EFFECTIVE HEALTHCARE TO THE COMMUNITY; TO PROMOTE HEALTH; TO EDUCATE HEALTHCARE PROFESSIONALS; AND TO PARTICIPATE IN APPROPRIATE CLINICAL RESEARCH. TOWER HEALTH (PARENT) IS A NON-PROFIT HEALTHCARE SYSTEM THAT PROVIDES CHARITABLE COMMUNITY-BASED HEALTHCARE SERVICES AND PROGRAMS TO IMPROVE THE HEALTH AND WELL-BEING OF THE PEOPLE AND THE COMMUNITIES IT SERVES IN THE GREATER BERKS, MONTGOMERY AND CHESTER AREAS THROUGH ITS SUBSIDIARIES (SEE FORM 990, SCHEDULE R). SUBSIDIARIES INCLUDE BUT ARE NOT LIMITED TO PHOENIXVILLE HOSPITAL, AND POTTSTOWN HOSPITAL, THE TWO OF WHICH ARE HELD IN SINGLE MEMBER LLCS THAT TOWER HEALTH IS THE SOLE MEMBER OF. AS A RESULT, THESE ARE TREATED AS DISREGARDED ENTITIES AND ALL OF THEIR INCOME AND ACTIVITIES ARE REPORTED ON TOWER HEALTH'S FORM 990. AS A PROVIDER OF DIRECT CARE, TOWER HEALTH ADDRESSES ISSUES OUTSIDE THAT REALM THAT IMPACT HEALTH AND WELLNESS. IN FACT, A KEY PART OF

Activities or mission (Part I)

THE MISSION OF TOWER HEALTH IS TO PROVIDE COMPASSIONATE, ACCESSIBLE, HIGH QUALITY, COST EFFECTIVE HEALTHCARE TO THE COMMUNITY.

  • ER/NURSING INPATIENT & OUTPATIENT PROGRAM: PHOENIXVILLE HOSPITAL: PHOENIXVILLE HOSPITAL EMERGENCY DEPARTMENT PROVIDES EMERGENCY, URGENT AND PRIMARY CARE SERVICES TO THE COMMUNITY "24/7/365" REGARDLESS OF ABILITY TO PAY. PHOENIXVILLE HOSPITAL ALSO PROVIDES IMMEDIATE ACCESS THROUGH ITS EMERGENCY DEPARTMENT TO ANCILLARY SERVICES, FROM SURGEONS TO ALL AREAS OF SPECIALTY CARE. PHOENIXVILLE HOSPITAL HAS "24/7/365" ON-CALL CONSULTANTS FOR PEDIATRIC EMERGENCY CASES THROUGH ST. CHRISTOPHER'S HOSPITAL FOR CHILDREN. LOCAL EMS PROVIDERS RELY ON PHOENIXVILLE HOSPITAL FOR ON-GOING MEDICAL EDUCATION. EMERGENCY ROOM VISITS FOR FY24 WERE 25,001. PHOENIXVILLE HOSPITAL INPATIENT UNITS INCLUDE MEDICAL SURGICAL, TELEMETRY AND INTENSIVE CARE UNITS, LABOR AND DELIVERY, REHABILITATION, NURSERY AND NICU. THEY PROVIDE INPATIENT ACUTE SERVICES INCLUDING SUPPORT SUCH AS LABORATORY, PHARMACY, PHYSICAL THERAPY AND RADIOLOGY. TOTAL PATIENT DAYS FOR FY24 WERE 37,260. POTTSTOWN HOSPITAL: POTTSTOWN HOSPITAL EMERGENCY DEPARTMENT PROVIDES EMERGENCY, URGENT AND PRIMARY CARE SERVICES 24/7/365 TO THE COMMUNITY. THE EMERGENCY DEPARTMENT SERVES PATIENTS FROM BERKS, MONTGOMERY AND CHESTER COUNTIES. THE POTTSTOWN HOSPITAL EMERGENCY DEPARTMENT IS THE SECOND BUSIEST EMERGENCY DEPARTMENT IN MONTGOMERY COUNTY. THERE IS A FULL COMPLEMENT OF SPECIALTY SERVICES PROVIDED AT THE LOCAL AND/OR TERTIARY LEVEL WITH OUR SYSTEM HOSPITAL IN READING. EMERGENCY ROOM VISITS FOR FY24 WERE 31,617. POTTSTOWN HOSPITAL INPATIENT UNITS INCLUDE MEDICAL SURGICAL, TELEMETRY AND INTENSIVE CARE UNITS. THEY PROVIDE INPATIENT ACUTE SERVICES INCLUDING SUPPORT SUCH AS LABORATORY, PHARMACY, PHYSICAL THERAPY AND RADIOLOGY. TOTAL PATIENT DAYS FOR FY24 WERE 32,078. THE BEHAVIORAL HEALTH UNIT AT POTTSTOWN HOSPITAL PROVIDES 24/7/365 SUPERVISION, TREATMENT, STABILIZATION AND PLACEMENT FOR ADULTS AND GERIATRIC ADULTS COPING WITH A VARIETY OF ISSUES, FOCUSING ON RETURNING THE INDIVIDUAL TO THE HIGHEST LEVEL OF COGNITIVE FUNCTIONING POSSIBLE. TOTAL PATIENT DAYS FOR FY24 WERE 6,722.

    Expenses $81,311,398 · Revenue $112,319,047

  • OPERATING ROOM SERVICES: PHOENIXVILLE HOSPITAL: PHOENIXVILLE HOSPITAL'S SURGICAL DEPARTMENT PROVIDES SURGICAL SERVICES TO THE COMMUNITY IN BOTH AN INPATIENT AND OUTPATIENT SETTING. THESE SERVICES INCLUDE: CARIOLOGY, CARDIO, THORACIS, ENT, ORTHOPEDICS, GYNECOLOGY, OBSTETRICS, UROLOGY, PAIN MANAGEMENT, PLASTIC, PODIATRY, NEURO AND GENERAL SURGERY. THE ROBOTICS SURGERY PROGRAM RECEIVED THE CENTER OF EXCELLENCE ACCREDITATION IN 2023. TOTAL PROCEDURES FOR FY24 WERE 9,117. POTTSTOWN HOSPITAL: POTTSTOWN HOSPITAL'S SURGICAL SERVICES DEPARTMENT PROVIDES EMERGENT, URGENT AND ELECTIVE SURGERIES TO THE COMMUNITY ON AN INPATIENT AND OUTPATIENT BASIS. EMERGENCY CASES CAN BE DONE 24/7/365 AND PATIENTS NEEDING A HIGHER LEVEL OF CARE CAN BE TRANSFERRED TO TERTIARY CENTERS IN THE AREA. POTTSTOWN HOSPITAL OFFERS, ORTHOPEDIC, VASCULAR, SPINE, ENT, MAXOFACIAL, PLASTIC, OB/GYN, OPHTHALMOLOGIC, UROLOGIC, PODIATRIC AND GENERAL SURGERY. TOTAL PROCEDURES FOR FY24 WERE 4,973.

    Expenses $52,400,071 · Revenue $50,666,529

  • RADIOLOGY/IMAGING PROGRAM: PHOENIXVILLE HOSPITAL: PHOENIXVILLE HOSPITAL RADIOLOGY DEPARTMENT PROVIDES IMAGING SERVICES TO THE COMMUNITY IN BOTH AN INPATIENT AND OUTPATIENT SETTING IN TWO LOCATIONS. THESE SERVICES INCLUDE BUT ARE NOT LIMITED TO PET/CT SCANS, ULTRASOUNDS, CT SCANS, MRIS, NUCLEAR MEDICINE, INTERVENTIONAL RADIOLOGY AND MAMMOGRAMS. PHOENIXVILLE HOSPITAL OFFERS FREE MAMMOGRAMS TO THE UNDERINSURED AND UNINSURED PATIENTS. TOTAL PROCEDURES FOR FY24 WERE 87,802. POTTSTOWN HOSPITAL: POTTSTOWN HOSPITAL RADIOLOGY DEPARTMENT PROVIDES IMAGING SERVICES TO THE COMMUNITY IN BOTH AN INPATIENT AND OUTPATIENT SETTING IN TWO LOCATIONS. THESE SERVICES INCLUDE BUT ARE NOT LIMITED TO PET/CT SCANS, ULTRASOUNDS, CT SCANS, MRIS, NUCLEAR MEDICINE, INTERVENTIONAL RADIOLOGY AND MAMMOGRAMS. TOTAL PROCEDURES FOR FY24 WERE 89,699.

    Expenses $23,573,743 · Revenue $66,628,260

  • EXPENSES INCURRED IN PROVIDING VARIOUS OTHER MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN, OR ABILITY TO PAY. SERVICES INCLUDE BUT ARE NOT LIMITED TO: PHOENIXVILLE HOSPITAL: PHOENIXVILLE HOSPITAL PROVIDES OUTPATIENT SERVICES FOR LABORATORY, RADIOLOGY PATIENTS AND DIALYSIS PATIENTS. CANCER CENTER PATIENTS RECEIVE OUTPATIENT SERVICES BASED ON THEIR TREATMENT PLAN. CARDIO-PULMONARY PATIENTS UTILIZE THE 1ST FLOOR REHABILITATION GYM FOR PRESCRIBED AND MONITORED OUTPATIENT EXERCISE. TOTAL PROCEDURES FOR FY24 WERE 347,708. PHOENIXVILLE HOSPITAL ONCOLOGY SERVICES DEPARTMENT PROVIDES MEDICAL ONCOLOGY AND RADIATION THERAPY SERVICES TO THE COMMUNITY. WE PROVIDE CHARITY SERVICES TO OUR SERVICE AREA WHO MEET OUR CHARITY POLICY GUIDELINES. TARGETED THERAPIES IN OUR RECENTLY RENOVATED INFUSION SUITE SELECTIVELY AFFECT ONLY THE CELLS RELATED TO A PARTICULAR CANCER, CAUSING LESS DAMAGE AND FEWER SIDE EFFECTS TO SURROUNDING NON-CANCEROUS CELLS AND BODY SYSTEMS THAN TRADITIONAL CHEMOTHERAPY DRUGS. PHOENIXVILLE HOSPITAL ACTIVELY PARTICIPATES IN A NUMBER OF PREVENTIVE AND TREATMENT CLINICAL TRIALS THROUGH THE CANCER TRIAL SUPPORT UNIT (CTSU). TOTAL PROCEDURES FOR FY24 WERE 9,502 PHOENIXVILLE HOSPITAL PROVIDES PHARMACY SUPPORT TO ALL INPATIENTS AND CANCER CENTER PATIENTS WITH THEIR PHARMACEUTICAL NEEDS. POTTSTOWN HOSPITAL: POTTSTOWN HOSPITAL PROVIDES OUTPATIENT SERVICES FOR LABORATORY, RADIOLOGY, WOUND CARE AND PT/OT/SPEECH THERAPY PATIENTS. TOTAL PROCEDURES FOR FY24 WERE 435,390 POTTSTOWN HOSPITAL CANCER CENTER PROVIDES INPATIENT, OUTPATIENT AND INFUSION SERVICES TO ONCOLOGY PATIENTS IN THE COMMUNITY. THE POTTSTOWN HOSPITAL CANCER CENTER OFFERS A ROBUST SERVICE LINE INCLUSIVE OF MEDICAL AND RADIATION ONCOLOGY WITH RAPID ARC TECHNOLOGY WITH LINEAR ACCELERATOR AND CYBERKNIFE CAPABILITIES. THE POTTSTOWN HOSPITAL CANCER CENTER IS A FIVE-TIME RECIPIENT OF THE AMERICAN COLLEGE OF SURGEONS COUNCIL ON CANCER OUTSTANDING ACHIEVEMENT AWARD. THERE ARE ONLY 4 CANCER CENTERS IN THE UNITED STATES WHO HAVE ACHIEVED THIS DISTINCTION. POTTSTOWN HOSPITAL ACTIVELY PARTICIPATES IN A NUMBER OF PREVENTIVE AND TREATMENT CLINICAL TRIALS THROUGH THE CANCER TRIALS SUPPORT UNIT (CTSU). TOTAL PROCEDURES FOR FY24 WERE 19,847. POTTSTOWN HOSPITAL PROVIDES PHARMACY SUPPORT TO ALL INPATIENTS AND CANCER CENTER PATIENTS WITH THEIR PHARMACEUTICAL NEEDS. TOWER HEALTH URGENT CARE: TOWER HEALTH URGENT CARE LOCATIONS ARE LOCATED IN BERKS AND MONTGOMERY COUNTY. WE SPECIALIZE IN TREATING NON-LIFE-THREATENING ILLNESSES AND INJURIES. WE PROVIDE COORDINATED AND COMPREHENSIVE EXAMS FOR SCHOOL, CAMP, SPORTS, AND PRE- EMPLOYMENT, AS WELL AS PROFESSIONAL DRIVER EXAMS FROM OUR LICENSED, CERTIFIED MEDICAL EXAMINERS WITH THE DEPARTMENT OF TRANSPORTATION. AS A PREFERRED PROVIDER FOR MANY EMPLOYERS, WE ARE EQUIPPED TO HANDLE OCCUPATIONAL HEALTH NEEDS INCLUDING IMMUNIZATIONS, SCREENINGS, DOT AND CDL PHYSICALS. TELEMEDICINE HAS BECOME WIDELY ACCEPTED WITH THE ADVANCES IN REMOTE MEDICAL TECHNOLOGIES. TOWER HEALTH URGENT CARE FACILITIES ACHIEVED ACCREDITATION FROM THE URGENT CARE ASSOCIATION (UCA), WHICH IS THE HIGHEST LEVEL OF DISTINCTION FOR URGENT CARE CENTERS. THIS RECOGNITION WAS EARNED AFTER A COMPREHENSIVE SURVEY, WHICH INCLUDED ONSITE VISITS AND VIRTUAL SURVEYS WITH STAFF MEMBERS BY UCA ACCREDITATION SURVEYORS. THIS ACCREDITATION ENSURES ALL TOWER HEALTH URGENT CARE LOCATIONS HAVE MET ALL UCA'S STANDARDS AND CRITERIA FOR QUALITY OF PATIENT CARE, SAFETY, AND SCOPE OF SERVICES. TOWER HEALTH PROVIDERS: TOWER HEALTH PROVIDERS (THP) WAS FORMED TO DEVELOP A PHYSICIAN NETWORK TO WORK IN CONJUNCTION WITH TOWER HEALTH TO IMPLEMENT A CLINICAL INTEGRATION PROGRAM. CLINICAL INTEGRATION IS THE IMPLEMENTATION OF AN ACTIVE AND ONGOING PROGRAM TO EVALUATE AND MODIFY PRACTICE PATTERNS BY THE NETWORK'S PHYSICIAN PARTICIPANTS AND CREATE A HIGH DEGREE OF INTERDEPENDENCE AND COOPERATION AMONG THE PHYSICIANS TO CONTROL COSTS AND IMPROVE THE QUALITY AND EFFICIENCY OF HEALTH CARE FOR THE NETWORK'S PHYSICIAN PARTICIPANTS AND THE ENTIRE HEALTH CARE COMMUNITY SERVED. TOWER HEALTH PROVIDERS (THP) IS AN EXTENSIVE, HIGH-VALUE NETWORK OF PROVIDERS FROM ALL SPECIALTIES SPREAD ACROSS A WIDE GEOGRAPHY. OUR ORGANIZATION ENSURES PARTICIPATING PROVIDERS ALIGN WITH EVIDENCE-BASED MEDICINE PRACTICES IN A CULTURE OF ACCOUNTABILITY AND COLLABORATION. THESE PRINCIPALS CONTINUE TO DRIVE HEALTHCARE TRANSFORMATION THROUGH IMPROVED QUALITY, COST EFFICACY, AND INCREASED PATIENT AND PROVIDER SATISFACTION. THP CREATES OPPORTUNITIES FOR THE ALIGNMENT OF NEW INCENTIVES AND ALTERNATE PAYMENT MODELS FOR PROVIDERS. BY BRINGING TOGETHER THE BEST PROVIDERS WITH THE STRONGEST HEALTHCARE SYSTEMS, THP IS HELPING PROVIDERS AND PRACTICES BENEFIT FROM THESE NEW ARRANGEMENTS. TOWERDIRECT: TOWERDIRECT IS A UNIFIED PATIENT TRANSPORTATION SYSTEM THAT SERVES BERKS COUNTY AND THE TOWER HEALTH SERVICE AREA. HAVING A UNIFIED AMBULANCE SERVICE SUPPORTS TOWER HEALTH'S GOAL OF PROVIDING PATIENTS WITH TIMELY AND HIGH-QUALITY CARE, WHILE DEVELOPING AN EMS PROGRAM THAT CAN GROW, INNOVATE, AND BETTER RESPOND TO THE EVER-CHANGING HEALTHCARE ENVIRONMENT. TOWERDIRECT IS A MULTIFACETED EMS SOLUTION TO OUR PATIENTS, CO-WORKERS, AND COMMUNITIES. BENEFITS TO THE COMMUNITY INCLUDE: IMPROVED AVAILABILITY AND SUSTAINABILITY OF EMERGENCY, NON-EMERGENCY, CRITICAL CARE, AND PEDIATRIC PATIENT TRANSPORT SERVICES FOR COMMUNITIES WITHIN BERKS COUNTY AND THE TOWER HEALTH SERVICE AREA; THE OPPORTUNITY TO ENHANCE PATIENT CARE AND IMPROVE OPERATIONAL PERFORMANCE; REAL-TIME ACCESS TO THE TOWER HEALTH ELECTRONIC MEDICAL RECORDS TO MEASURE AND IMPROVE PATIENT OUTCOMES; BETTER ACCESS TO PATIENT TRANSPORT SERVICES, IMPROVING THE TIMELINESS OF DISCHARGE FROM INPATIENT AND OUTPATIENT FACILITIES; ENHANCED EFFORTS TO IMPROVE PATIENT CARE INITIATION AND TRANSITIONS IN CARE SETTINGS; AND THE ABILITY TO ENHANCE COMMUNITY PARAMEDICINE AND PATIENT OUTREACH PROGRAMS. TOWERDIRECT OFFERS SEVERAL PROACTIVE AND PREVENTIVE HEALTH SERVICES, INCLUDING: HOME VISITS - UPON THE PROVIDER'S REQUEST, MEMBERS OF THE TOWERDIRECT TEAM PROVIDE IN-HOME VISITS TO CONFIRM THE PATIENT HAS ALL PRESCRIBED MEDICATIONS AND IF REMOTE MONITORING IS UTILIZED, TO MAKE SURE THE EQUIPMENT IS SET UP CORRECTLY. PUBLIC EVENT SUPPORT - TOWERDIRECT ROUTINELY ATTENDS CONCERTS COUNTY FAIRS, AND OTHER COMMUNITY EVENTS IN CASE AN ATTENDEE NEEDS ON-SITE MEDICAL CARE OR MEDICAL TRANSPORTATION. SAFETY PRESENTATIONS - THE TOWERDIRECT TEAM GIVES PRESENTATIONS AT SCHOOLS, LIBRARIES, AND OTHER PUBLIC VENUES UPON REQUEST. TOPICS INCLUDE CAR SEAT SAFETY, FALL PREVENTION AND BIKE AND HELMET SAFETY.

    Expenses $266,081,673 · Revenue $163,656,295

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dan Ahern

    EVP BUSINESS

    Total calculated
    $1,422,138
    From this org
    $0
    From related orgs
    $1,213,791
    Other
    $208,347
    Hours/week
    50 + 2.5 related

    Schedule J breakdown matched by us

    Base
    not reported + $670,945 related
    Bonus
    not reported + $355,861 related
    Other
    not reported + $186,985 related
    Deferred
    not reported + $181,008 related
    Nontaxable benefits
    not reported + $27,339 related
    Filer's total
    not reported + $1,422,138 related

  • Suzanne Wenderoth MD

    EVP/CMO TOWE

    Total calculated
    $1,139,523
    From this org
    $0
    From related orgs
    $935,298
    Other
    $204,225
    Hours/week
    50 + 2.5 related

    Schedule J breakdown matched by us

    Base
    not reported + $657,349 related
    Bonus
    not reported + $200,160 related
    Other
    not reported + $77,789 related
    Deferred
    not reported + $177,301 related
    Nontaxable benefits
    not reported + $26,924 related
    Filer's total
    not reported + $1,139,523 related

  • Michael Stern

    COO TH

    Total calculated
    $1,102,867
    From this org
    $0
    From related orgs
    $849,711
    Other
    $253,156
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    not reported + $849,021 related
    Bonus
    not reported
    Other
    not reported + $690 related
    Deferred
    not reported + $225,800 related
    Nontaxable benefits
    not reported + $27,356 related
    Filer's total
    not reported + $1,102,867 related

  • Mike Eesley

    BOARD TREAS

    Total calculated
    $916,417
    From this org
    $0
    From related orgs
    $903,826
    Other
    $12,591
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    not reported + $900,016 related
    Bonus
    not reported
    Other
    not reported + $3,810 related
    Deferred
    not reported + $11,550 related
    Nontaxable benefits
    not reported + $1,041 related
    Filer's total
    not reported + $916,417 related

  • Bernard Boulanger

    EVP/CEO PROV

    Total calculated
    $904,620
    From this org
    $0
    From related orgs
    $698,488
    Other
    $206,132
    Hours/week
    25 + 25 related

    Schedule J breakdown matched by us

    Base
    not reported + $695,020 related
    Bonus
    not reported
    Other
    not reported + $3,468 related
    Deferred
    not reported + $186,308 related
    Nontaxable benefits
    not reported + $19,824 related
    Filer's total
    not reported + $904,620 related

  • P Sue Perrotty

    CEO TOWER HE

    Total calculated
    $900,000
    From this org
    $0
    From related orgs
    $900,000
    Other
    $0
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    not reported + $900,000 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $900,000 related

  • Therese Sucher

    FORMER EVP C

    Total calculated
    $782,812
    From this org
    $0
    From related orgs
    $766,755
    Other
    $16,057
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    not reported
    Bonus
    not reported
    Other
    not reported + $766,755 related
    Deferred
    not reported
    Nontaxable benefits
    not reported + $16,057 related
    Filer's total
    not reported + $782,812 related

  • Robert Ehinger

    SVP ASSOC. C

    Total calculated
    $690,791
    From this org
    $0
    From related orgs
    $599,547
    Other
    $91,244
    Hours/week
    25 + 25 related

    Schedule J breakdown matched by us

    Base
    not reported + $407,472 related
    Bonus
    not reported + $124,057 related
    Other
    not reported + $68,018 related
    Deferred
    not reported + $73,579 related
    Nontaxable benefits
    not reported + $17,665 related
    Filer's total
    not reported + $690,791 related

  • Richard T Newell Jr

    CEO POTTS TE

    Total calculated
    $580,452
    From this org
    $478,864
    From related orgs
    $0
    Other
    $101,588
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $420,290
    Bonus
    not reported
    Other
    $58,574
    Deferred
    $74,890
    Nontaxable benefits
    $26,698
    Filer's total
    $580,452

  • Ziad Osman

    PHYSICIAN

    Total calculated
    $539,406
    From this org
    $501,081
    From related orgs
    $0
    Other
    $38,325
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $487,239
    Bonus
    not reported
    Other
    $13,842
    Deferred
    $11,550
    Nontaxable benefits
    $26,775
    Filer's total
    $539,406

  • Richard McLaughlin

    CEO PHOE/POT

    Total calculated
    $429,309
    From this org
    $390,896
    From related orgs
    $0
    Other
    $38,413
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $390,206
    Bonus
    not reported
    Other
    $690
    Deferred
    $11,489
    Nontaxable benefits
    $26,924
    Filer's total
    $429,309

  • Mark McNash

    SVP SUPPORT

    Total calculated
    $386,119
    From this org
    $0
    From related orgs
    $373,654
    Other
    $12,465
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    not reported + $65,282 related
    Bonus
    not reported + $171,313 related
    Other
    not reported + $137,059 related
    Deferred
    not reported + $7,885 related
    Nontaxable benefits
    not reported + $4,580 related
    Filer's total
    not reported + $386,119 related

  • Michael Szymanski

    VP CFO PHOEN

    Total calculated
    $313,453
    From this org
    $296,329
    From related orgs
    $0
    Other
    $17,124
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $294,349
    Bonus
    not reported
    Other
    $1,980
    Deferred
    $7,645
    Nontaxable benefits
    $9,479
    Filer's total
    $313,453

  • John Casey MD

    CEO THP TERM

    Total calculated
    $311,211
    From this org
    $262,820
    From related orgs
    $0
    Other
    $48,391
    Hours/week
    50 + 2.5 related

    Schedule J breakdown matched by us

    Base
    $223,096
    Bonus
    not reported
    Other
    $39,724
    Deferred
    $30,818
    Nontaxable benefits
    $17,573
    Filer's total
    $311,211

  • Sandra Crabtree

    VP CNO PHOEN

    Total calculated
    $302,494
    From this org
    $278,198
    From related orgs
    $0
    Other
    $24,296
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $229,897
    Bonus
    $46,821
    Other
    $1,480
    Deferred
    $5,250
    Nontaxable benefits
    $19,046
    Filer's total
    $302,494

  • Ann Blankenhorn

    FORMER CNO P

    Total calculated
    $301,713
    From this org
    $0
    From related orgs
    $291,931
    Other
    $9,782
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    not reported + $242,819 related
    Bonus
    not reported + $48,564 related
    Other
    not reported + $548 related
    Deferred
    not reported + $8,742 related
    Nontaxable benefits
    not reported + $1,040 related
    Filer's total
    not reported + $301,713 related

  • Clint Matthews

    FORMER PRES/

    Total calculated
    $277,143
    From this org
    $0
    From related orgs
    $269,231
    Other
    $7,912
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    not reported
    Bonus
    not reported
    Other
    not reported + $269,231 related
    Deferred
    not reported + $7,912 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $277,143 related

  • Mary Agnew

    SVP CNO TERM

    Total calculated
    $273,382
    From this org
    $0
    From related orgs
    $264,206
    Other
    $9,176
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    not reported
    Bonus
    not reported
    Other
    not reported + $264,206 related
    Deferred
    not reported
    Nontaxable benefits
    not reported + $9,176 related
    Filer's total
    not reported + $273,382 related

  • Ajay Jani

    PHYSICIAN

    Total calculated
    $271,323
    From this org
    $243,426
    From related orgs
    $0
    Other
    $27,897
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $234,074
    Bonus
    not reported
    Other
    $9,352
    Deferred
    $8,663
    Nontaxable benefits
    $19,234
    Filer's total
    $271,323

  • Scott Resweber

    PHYSICIAN

    Total calculated
    $269,252
    From this org
    $260,007
    From related orgs
    $0
    Other
    $9,245
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $197,115
    Bonus
    not reported
    Other
    $62,892
    Deferred
    $8,792
    Nontaxable benefits
    $453
    Filer's total
    $269,252

  • Paul Chwiecko

    PHYSICIAN

    Total calculated
    $245,345
    From this org
    $237,165
    From related orgs
    $0
    Other
    $8,180
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $232,288
    Bonus
    not reported
    Other
    $4,877
    Deferred
    $7,730
    Nontaxable benefits
    $450
    Filer's total
    $245,345

  • John Cacciamani

    FORMER CEO C

    Total calculated
    $195,800
    From this org
    $195,625
    From related orgs
    $0
    Other
    $175
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $15,878
    Bonus
    not reported
    Other
    $179,747
    Deferred
    $175
    Nontaxable benefits
    not reported
    Filer's total
    $195,800

  • Tracy Druckenmiller

    BOARD SECRET

    Total calculated
    $127,917
    From this org
    $0
    From related orgs
    $106,105
    Other
    $21,812
    Hours/week
    38 + 2 related

  • Theodore Auman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Jim Boscov

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • Angel Helm

    BOARD MEM TE

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Mary Kargbo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Brent Wagner MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Robert Brigham MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Pete Molinaro

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Meg Mueller

    CHAIR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • William P Thornton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Doug Tieman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 4
DAN AHERN 0 165,196 0 SUZANNE WENDEROTH, MD 0 76,047 0 THERESE SUCHER 771,494 0 0 ROBERT EHINGER 0 64,208 0 RICHARD T. NEWELL JR. 0 57,284 0 MARK MCNASH 0 136,602 0 JOHN CASEY, MD 0 36,989 0 CLINT MATTHEWS 269,231 0 0 MARY AGNEW 266,913 0 0 JOHN CACCIAMANI 0 179,721 0
SCHEDULE J, PAGE 1, PART I, LINE 7
TOWER HEALTH USES RETENTION BONUSES FOR KEY EXECUTIVES AS ONE WAY TO ENSURE CONTINUITY OF LEADERSHIP AS THE HEALTH SYSTEM NAVIGATES ITS ORGANIZATION TURNAROUND AND FULFILLS ITS MISSION IN A CHALLENGING ENVIRONMENT FOR HEALTHCARE PROVIDERS. THE DETAILS OF INDIVIDUAL EXECUTIVE RETENTION BONUSES ARE DEVELOPED WITH OVERSIGHT BY THE TOWER HEALTH BOARD OF DIRECTORS COMPENSATION COMMITTEE AND ARE APPROVED BY THE FULL TOWER HEALTH BOARD. AS IN ALL MATTERS OF EXECUTIVE COMPENSATION, THE BOARD RELIES ON MARKET DATA AND OUTSIDE EXPERTISE TO ENSURE ITS RETENTION BONUS PROGRAM IS CONSISTENT WITH INDUSTRY STANDARDS. DANIEL AHERN 355,861.00 SUZANNE WENDEROTH, MD 200,160.00 ROBERT EHINGER 124,057.00 SANDRA CRABTREE 46,821.00 MARCK MCNASH 171,313.00 ANN BLANKENHORN 48,564.00
SCHEDULE J, PART III
PART I, LINE 4B TERMS AND CONDITIONS OF PARTICIPATION IN THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: THE 457(F) PLAN IS A TAX-DEFERRED RETIREMENT PLAN CONSISTING OF EMPLOYER CONTRIBUTIONS THAT ARE DESIGNED TO HELP SUPPLEMENT THE RETIREMENT SAVINGS FOR KEY EMPLOYEES. THE EMPLOYEE IS IMMEDIATELY ELIGIBLE TO RECEIVE TOWER HEALTH CONTRIBUTIONS TO THE 457(F) DEFERRED COMPENSATION PLAN. THE EMPLOYEE MUST BE EMPLOYED ON DECEMBER 31ST TO RECEIVE THE EMPLOYER CONTRIBUTION FOR THAT PLAN YEAR. THE EMPLOYEE SHALL BECOME 100% VESTED IN THE EMPLOYER CONTRIBUTION FOR THAT PLAN YEAR THREE YEARS AFTER THE CONTRIBUTION HAS BEEN MADE TO THE ACCOUNT. THE EMPLOYEE WILL ALSO BECOME 100% VESTED IN ALL OF THE EMPLOYER CONTRIBUTIONS: 1) UPON ATTAINING THE AGE 65 WHILE STILL EMPLOYED BY TOWER HEALTH 2) DUE TO DEATH OR DISABILITY 3) UPON TERMINATION OF EMPLOYMENT WITHOUT CAUSE PARTICIPATION IN PLAN: THE FOLLOWING PEOPLE PARTICIPATED IN THE 457(F) DEFERRED COMPENSATION PLAN DURING CALENDAR YEAR 2023 BUT DID NOT RECEIVE A DISTRIBUTION. MICHAEL STERN BERNARD BOULANGER COMPENSATION DISCLOSURE: THE COMPENSATION OF EXECUTIVES IS DETERMINED BY TOWER HEALTH'S BOARD OF DIRECTORS, WHICH HAS DULY APPOINTED AN EXECUTIVE COMPENSATION COMMITTEE (THE "COMMITTEE"), WHICH IS RESPONSIBLE FOR THE REVIEW AND APPROVAL OF ALL COMPENSATION AND BENEFITS PROVIDED TO THE HOSPITAL'S EXECUTIVE MANAGEMENT. THE COMMITTEE HAS ADOPTED A WRITTEN EXECUTIVE COMPENSATION PHILOSOPHY STATEMENT AND AN EXECUTIVE COMPENSATION COMMITTEE CHARTER GOVERNING THE WORK AND REVIEW PROCESS OF THE COMMITTEE. THE COMMITTEE FOLLOWS THE PROCEDURES DESCRIBED IN THE PHILOSOPHY STATEMENT AND THE CHARTER WHEN IT REVIEWS AND APPROVES THE COMPENSATION AND EMPLOYEE BENEFITS PROVIDED TO THE HOSPITAL'S SENIOR MANAGEMENT, INCLUDING THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER. THE COMMITTEE'S REVIEW ANALYZES EVERY ELEMENT OF COMPENSATION, INCLUDING CURRENT AND DEFERRED COMPENSATION, AND BENEFITS, INCLUDING QUALIFIED AND NON-QUALIFIED BENEFITS. THE COMMITTEE CONDUCTS ITS REVIEW AND APPROVAL PROCESS AT LEAST ANNUALLY, AND APPROVES COMPENSATION AND BENEFITS ONLY TO THE EXTENT THAT THE COMMITTEE HAS CONCLUDED THAT THE COMPENSATION AND BENEFITS CONSTITUTE NO MORE THAN REASONABLE COMPENSATION FOR EACH EXECUTIVE. THE COMMITTEE CONSISTS ENTIRELY OF DISINTERESTED MEMBERS OF THE BOARD, AND THE COMMITTEE WORKS WITH AN INDEPENDENT COMPENSATION CONSULTANT TO PREPARE AND REVIEW IN ADVANCE COMPREHENSIVE DATA SHOWING THE COMPENSATION PROVIDED BY SIMILARLY SITUATED ORGANIZATIONS FOR FUNCTIONALLY SIMILAR POSITIONS. THE COMMITTEE ALSO PREPARES A TIMELY AND THOROUGH WRITTEN RECORD OF ITS DELIBERATIONS AND CONCLUSIONS. AS A RESULT, THE COMMITTEE'S REVIEW PROCESS IS DESIGNED TO SATISFY THE PROCEDURAL CRITERIA NECESSARY TO QUALIFY FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER THE FEDERAL INCOME TAX LAW INTERMEDIATE SANCTIONS RULES.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • TOWER HEALTH PROVIDERS LLC

    HEALTHCARE · PA · income $2,343,122 · assets $119,674

    Directly controlled by TOWER HLTH

  • BRANDYWINE HOSPITAL LLC

    CLOSED · PA · income -$156,629 · assets $4,510,403

    Directly controlled by TOWER HLTH

  • CHESTNUT HILL HOSPITAL LLC

    HOSPITAL · PA · income $4,172,137 · assets -$1,806,250

    Directly controlled by TOWER HLTH

  • JENNERSVILLE HOSPITAL LLC

    CLOSED · PA · income $23,158 · assets $98,693

    Directly controlled by TOWER HLTH

  • PHOENIXVILLE HOSPITAL LLC

    HOSPITAL · PA · income $182,586,125 · assets -$70,388,390

    Directly controlled by TOWER HLTH

  • POTTSTOWN HOSPITAL LLC

    HOSPITAL · PA · income $151,925,356 · assets -$163,139,216

    Directly controlled by TOWER HLTH

  • TOWER HEALTH ENTERPRISES LLC

    HEALTHCARE · PA · income $1,226 · assets $3,080,298

    Directly controlled by TOWER HLTH

  • CHESTNUT HILL DEVELOPMENT

    MED SERV · PA

    Directly controlled by CNH HOSP

  • TOWERDIRECT LLC

    MED SERV · PA · income -$3,869,830 · assets $3,819,551

    Directly controlled by TH ENTERPR

  • TOWER HEALTH URGENT CARE LLC

    MED SERV · PA · income $18,778,521 · assets $8,278,922

    Directly controlled by TH ENTERPR

  • TOWER HEALTH CVO LLC

    MED CRED · PA

    Directly controlled by TH ENTERPR

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • READING-UPMC JOINT VENTURE LLC

    RELATED · HEALTHCARE · PA · 50% owned · share of assets $1,257,698 · general or managing partner

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • TOWER HEALTH PPO FKA BHP

    C CORP · PPO · PA

    Directly controlled by NA

  • MEDICUS RESOURCE MANAGEMENT

    C CORP · CM REVIEW · PA

    Directly controlled by NA

  • TOWER HEALTH RECIPROCAL RISK

    C CORP · INSURANCE · SC · 100% owned · share of income $14,175,596 · share of assets $47,316,158

    Directly controlled by TOWER HLTH

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202541349349302939

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