Financial Performance Strong at PA Non-General Acute Hospitals
For non-general acute-care hospitals in Pennsylvania, FY 2015 was generally a good year.
Long-term acute-care hospitals saw their average operating margins rise from 5.24 percent to 8.04 percent.
Operating margins for rehabilitation hospitals rose from 12.7 percent to 12.87 percent.
And while operating margins for psychiatric and specialty hospitals declined, they still remain generally strong at 8.81 percent and 7.78 percent, respectfully.
Learn more about the financial performance of non-acute-care hospitals in Pennsylvania in Financial Analysis 2015: An Annual Report on the Financial Health of Pennsylvania Non-GAC Hospitals, a new report from the Pennsylvania Health Care Cost Containment Council.
Included in this edition are stories about problems older adults are encountering when they seek to enroll in the state’s Aging Waiver program; an update on the implementation of Community HealthChoices, the new state program of managed long-term services and supports for qualified seniors; upcoming Medicare changes and enrollment and application deadlines; coverage of diabetes testing supplies for dual eligibles; new state guidelines addressing access to treatment for mental health conditions and substance abuse disorders; and more.
Since that time the state’s Medicaid expansion has added 670,000 Pennsylvanians to the ranks of the insured, with others purchasing insurance through the federal health insurance marketplace.

Further, the study suggests,