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Short-term acute care hospital · Seaford, Delaware · 92 beds · CMS certification number 080006

Tidalhealth Nanticoke

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, amended, stamped by CMS August 7, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$223.9M
$223,933,823 · G-3 line 3
Operating expenses
$234.3M
$234,276,867 · G-3 line 4
Result from patient care
−$10.3M
−$10,343,044 · G-3 line 5
Margin on patient care
−4.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $52.9M in its first year on file (1997) to $223.9M in 2025.
  • Its result from patient care: −$11.4M (2023), −$5.7M (2024), −$10.3M (2025).
  • 2 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 5.0% of its inpatient days and Medicare for 33.5%.

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
$52.9M
$49.0M
1998
reopened
$54.6M
$48.8M
1999
reopened
$53.6M
$52.5M
2000
settled
$59.4M
$58.2M
2001
settled
$63.7M
$64.7M
2002
settled
$74.6M
$71.0M
2003
settled
$85.9M
$78.5M
2004
settled
$91.8M
$92.3M
2005
reopened
$102.2M
$102.2M
2006
reopened
$109.5M
$114.7M
2007
reopened
$122.8M
$127.2M
2008
reopened
$100.5M
$112.2M
2009
reopened
$112.3M
$104.5M
2010
reopened
$127.7M
$131.4M
2011
reopened
$131.3M
$132.6M
2012
reopened
$133.0M
$132.7M
2013
reopened
$126.3M
$120.4M
2014
reopened
$134.3M
$121.9M
2015
settled
$137.2M
$126.2M
2016
reopened
$129.3M
$128.4M
2017
settled
$130.0M
$126.2M
2018
settled with audit
$135.8M
$132.2M
2019
settled
$140.9M
$146.2M
2020
settled
$124.3M
$144.4M
2021
settled
$131.3M
$152.1M
2022
settled
$136.6M
$158.6M
2023
settled
$153.2M
$164.6M
2024
settled
$168.0M
$173.7M
2025
amended
$223.9M
$234.3M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Delaware first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Tidalhealth Nanticoke92$223,933,823$234,276,867−4.6%
Bayhealth Hospital, Kent Campus, Dover277$716,050,869$663,682,9417.3%
Bayhealth Hospital, Milford128$454,987,186$385,181,21715.3%
Beebe Healthcare, Lewes201$605,277,456$598,055,0761.2%
Christianacare, Wilmington1,241$2,537,094,999$2,886,828,544−13.8%
St. Francis Hospital, Wilmington146$116,157,299$124,162,225−6.9%

Patients and payers

Discharges
5,129
S-3 line 14, col 15
Inpatient days
21,106
S-3 line 14, col 8
Beds in use, on an average day
58.0
days ÷ days in year
Occupancy
62.8%
days ÷ bed days
Medicare share of days
33.5%
S-3 cols 6 ÷ 8
Medicaid share of days
5.0%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: TIDAL HEALTH (100%), home office; PENINSULA HOSP (100%), hospital; PEN MED GRP (100%), home office.

Type of control on its cost report: voluntary nonprofit, other.

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by TIDALHEALTH NANTICOKE INC (employer identification number 510069243) 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)$13,293,745IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$5,063,422IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$8,107,624IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$13,171,046IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$122,699IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0856IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202401359349312755. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by TIDALHEALTH NANTICOKE INC (employer identification number 510069243) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
ANDREW HARTSTEINBOARD MEMBERTrustee/director$0$0$0
ANGELA BRITTINGHAMCHIEF NURSING OFFICER BEG 04/2023Key employee$0$161,488$22,932
BRUCE I RITCHIECFO THRU 01/2023Officer$0$732,177$163,746
DENISE JESTERSENIOR DIRECTORKey employee$0$232,756$53,938
DOUG POTVINBOARD MEMBER BEG 01/2023Trustee/director$0$0$0
FREDERICK MASTBOARD MEMBERTrustee/director$0$0$0
HARRY ANTHONY MDCHIEF MEDICAL OFFICER THRU 08/2022Key employee$0$239,080$31,845
JOSEPH KIM MDBOARD MEMBER/MED. STAFF PRES.Trustee/director$0$356,862$39,516
MARIA LEHMANSECRETARYTrustee/director, Officer$0$0$0
MICHELE PROCINO-WELLSCHAIRPERSONTrustee/director, Officer$0$0$0
PENNY SHORTPRESIDENTTrustee/director, Officer$0$485,426$79,536
RICHARD SIMONS DOBOARD MEMBERTrustee/director$0$855,525$63,698
SANDRA PALAVECINO MDBOARD MEMBERTrustee/director$0$216,443$21,899
SARAH RUFFCORNBOARD MEMBERTrustee/director$0$0$0
SEAN STEWARDBOARD MEMBERTrustee/director$0$0$0
SONJA BIDDLE ODBOARD MEMBERTrustee/director$0$0$0
STEPHANIE GARYCFO BEG 01/2023Officer$0$475,048$43,804
STEVEN LEONARDBOARD MEMBERTrustee/director$0$1,129,120$78,830
TAMMY PAXTONBOARD MEMBERTrustee/director$0$0$0
TRACY TULL NEILSONBOARD MEMBERTrustee/director$0$0$0
TRUDY HALLV.P. CHIEF MEDICAL OFF. BEG 09/2022Officer$0$260,186$32,931

E-file object id 202401359349312755. 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 080006. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read August 7, 2026.