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PA Hospitals Doing Better, PHC4 Reports

The financial performance of Pennsylvania’s acute-care hospitals improved in 2011, according to the Pennsylvania Health Care Cost Containment Council.
While hospitals’ uncompensated care rose 11.2 percent, to $990 million, the state-wide average operating margin rose from 4.37 percent to 5.58 percent, according to Financial Analysis 2011, Volume One, Acute Care Hospitals.  Hospitals’ net income rose $769 million, to $2.69 billion, with 72 percent of that improvement coming from operating income.
Find PHC4’s news release and the report itself, which includes an industry-wide analysis as well as detailed information about the financial performance of every Pennsylvania acute-care hospital, here on PHC4’s web site.

2012-05-18T06:00:04+00:00May 18th, 2012|Uncategorized|Comments Off on PA Hospitals Doing Better, PHC4 Reports

Access to Care Declines

Non-elderly and uninsured adults have less access to health care than they did ten years ago, according to a new study released by the Urban Institute.
The study, “Virtually Every State Experienced Deteriorating Access to Care for Adults Over the Past Decade,” also concluded that this deterioration of access can be found in almost every state, is even worse for the uninsured, and is especially great in states with the highest uninsured rates.
Learn more about this erosion of the health care safety net and download the entire report hereGroup of healthcare workers, on the Urban Institute’s web site.

2012-05-11T06:00:23+00:00May 11th, 2012|Uncategorized|Comments Off on Access to Care Declines

Jobs, Jobs, Jobs

Safety-net hospitals fulfill a vital role as employers in Pennsylvania’s economy.  SNAP’s latest research found that safety-net hospitals employ more people in comparison to other hospitals, pay better wages than non-hospital jobs across the commonwealth, and provide an important measure of economic stability in communities across Pennsylvania.
At a time when cuts have been proposed in Pennsylvania’s Medical Assistance program, it is important that state policy-makers understand how reducing such spending could undermine the economies in already-troubled communities across the state.  Take a closer look at the impact of Pennsylvania’s safety-net hospitals on the state’s economy in the SNAP report “Pennsylvania’s Safety-Net Hospitals:  Vital Providers, Vital Employers.

2012-04-24T14:15:47+00:00April 24th, 2012|Pennsylvania state budget issues, Uncategorized|Comments Off on Jobs, Jobs, Jobs
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