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St. Christopher’s Hospital for Children had $1.1 million gain after special Medicaid boost

The North Philadelphia nonprofit benefited from a $76 million infusion from a program that increased Medicaid funding for hospitals that disproportionately care for low-income patients.

St. Christophers Hospital for Children posted improved financial results for the year that ended June 30, 2025, after the North Philadelphia safety-net provider was included in a subsidy program for hospitals that serve large populations of people with Medicaid insurance.
St. Christophers Hospital for Children posted improved financial results for the year that ended June 30, 2025, after the North Philadelphia safety-net provider was included in a subsidy program for hospitals that serve large populations of people with Medicaid insurance.Read moreELIZABETH ROBERTSON / Staff Photographer

St. Christopher’s Hospital for Children had an operating profit of $1.1 million in fiscal 2025, compared with a $31.6 million loss the year before, according to an audited financial report the North Philadelphia nonprofit posted Tuesday.

The safety-net provider received a $76 million revenue boost from its inclusion for the first time in a program that taxes Philadelphia hospitals and uses the money to increase the government’s Medicaid funding for facilities that disproportionately care for low-income patients.

St. Chris received 80% of its revenue from Medicaid in fiscal 2025, the 12 months that ended June 30.

Here are more details:

Revenue: St. Chris’ patient revenue increased by $71 million, to $316.6 million from $245.6 million. That means that without the $76 million in revenue from the Philadelphia Hospital Assessment program, St. Chris’ patient revenue would have declined by $5 million. St. Chris’ total revenue was $370 million.

Patient volumes: Hospital inpatient services saw a 14.8% increase in patients in fiscal 2025 compared to fiscal 2024, St. Chris said. The number of inpatient surgeries increased by 7.3%, while outpatient surgeries were down 2.2%. The hospital’s emergency department had about 51,000 visits.

Notable: St. Chris remains $141 million in debt to its owners, Drexel University and Tower Health. Both of those institutions have lines of credit that expire at the end of this year, but are likely to be extended.