Cape Regional Medical Center, now known as Cooper University Hospital Cape Regional, is a 149-bed acute care hospital located in Cape May Court House, New Jersey. Established on October 9, 1950, as Burdette Tomlin Memorial Hospital, it has evolved into the sole hospital serving Cape May County. The institution is dedicated to delivering comprehensive healthcare services to both residents and visitors, emphasizing quality patient care and community health. In July 2024, the hospital became part of Cooper University Health Care, enhancing its capacity to provide specialized medical services.
The hospital's strategic focus encompasses a wide range of medical services, including general acute care, emergency services, surgical procedures, and specialized treatments. As part of the Cape Regional Health System, it operates three urgent care facilities and collaborates with over 60 primary care providers and specialists through Cape Regional Physicians Associates. The system also includes the Thomas and Claire Brodesser Jr. Cancer Center, the Claire C. Brodesser Surgery Center, and various outpatient facilities offering services such as wound care, radiology, laboratory testing, endoscopy, and physical therapy. These initiatives aim to address the diverse healthcare needs of the community effectively.
In the fiscal year ending December 31, 2023, Cape Regional Medical Center reported total revenue of approximately $147.6 million and expenses totaling about $153.4 million, resulting in a net loss of $5.8 million. The hospital's total assets were valued at $144 million, with liabilities amounting to $61.5 million, leading to net assets of $82.6 million. These financial figures reflect the hospital's ongoing investments in healthcare services and infrastructure to meet community needs.
Cape Regional Medical Center has been recognized for its commitment to quality care, notably receiving the Gynecologic Surgery Excellence Award™ from Healthgrades in 2021, 2022, and 2023. This accolade highlights superior clinical outcomes in gynecological surgery. The hospital is accredited by The Joint Commission, underscoring its adherence to high standards in patient care and safety.
The leadership team has been instrumental in guiding the hospital's strategic direction and operations. Joanne Carrocino, FACHE, served as President and CEO, overseeing the hospital's growth and integration into Cooper University Health Care. Mark R. Gill held the position of Vice President of Finance and CFO, managing the hospital's financial strategies. Dr. Andrea McCoy served as the Chief Medical Officer, focusing on clinical excellence and patient care standards.
The healthcare landscape in Cape May County includes several key competitors, such as Shore Memorial Hospital, Beebe Healthcare, and AtlantiCare Regional Medical Center. These institutions offer a range of medical services, contributing to a competitive environment that drives continuous improvement and innovation in patient care.
Strategic collaborations have played a significant role in enhancing the hospital's service offerings. The integration with Cooper University Health Care in July 2024 has expanded access to specialized medical services and resources. Additionally, affiliations with Penn Medicine for orthopedic care, vascular and endovascular care, and cardiac care have strengthened the hospital's capabilities in these areas.
Looking ahead, the hospital aims to leverage its integration with Cooper University Health Care to enhance service delivery, invest in advanced medical technologies, and expand its range of specialized services. The focus remains on meeting the evolving healthcare needs of the community through innovation and excellence in patient care.
For more information, visit the hospital's official website at www.caperegional.com.
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