PHC4 Archives - Page 5 of 5 - Safety-Net Association of Pennsylvania

PHC4 Issues Report on Hospital Financial Performance

The Pennsylvania Health Care Cost Containment Council (PHC4) has issued its annual report on the financial performance of the state’s acute-care hospitals.
Among the highlights:

The state-wide average operating margin of hospitals fell from 5.73 percent in FY 2012 to 4.69 percent in FY 2013.
Uncompensated care rose 5.41 percent, to more than $1 billion, and up from an average of 2.72 percent of hospital net patient revenue in FY 2012 to 2.81 percent in FY 2013.
35 percent of hospitals reported negative operating margins.
22 percent reported negative operating margins over the latest three-year period.

Find the complete PHC4 report here.

PA Safety Net Admin2014-05-22T09:20:26+00:00May 22nd, 2014|Uncategorized|Comments Off

It’s Unanimous: All PA Non-General Acute-Care Hospitals Made Money in 2012

2012 was a very good year for non-general acute-care hospitals in Pennsylvania: every single one of them scored a positive operating margin.
The winners included 19 rehabilitation hospitals, 27 long-term acute-care hospitals, and 19 non-state-operated free-standing psychiatric hospitals, according to a new report from the Pennsylvania Health Care Cost Containment Council (PHC4).
Learn more about the performance of these providers in 2012 in this PHC4 news release and this PHC4 report.

PA Safety Net Admin2013-12-19T09:02:13+00:00December 19th, 2013|Uncategorized|Comments Off

PA Ambulatory Surgery Centers Grow in Numbers, Profitability

The number of ambulatory surgery centers in Pennsylvania grew in FY 2012, and along with that growth in numbers came a growth in profitability.
According to a new report by the Pennsylvania Health Care Cost Containment Council (PHC4), providers added 10 new facilities in FY 2012, raising the number to 281, and the average operating margin of the facilities rose from 24.94 percent to 25.83 percent.
For the latest data on ambulatory surgery centers in Pennsylvania, where they are, who they serve, how many procedures they perform, and who is paying for those procedures, find a PHC4 news release and the agency’s latest report here.

PA Safety Net Admin2013-11-04T06:00:00+00:00November 4th, 2013|Uncategorized|Comments Off

PHC4 to Hold Meeting

The Payment Data Advisory Group of the Pennsylvania Health Care Cost Containment Council (PHC4) will meet on Wednesday, August 8 in Harrisburg.
The meeting will be held at the PHC4 office at 225 Market Street, Suite 400. It begins at 10:30 a.m.
The public is welcome to attend.

PA Safety Net Admin2012-08-06T06:00:14+00:00August 6th, 2012|Uncategorized|Comments Off

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.

PA Safety Net Admin2012-05-18T06:00:04+00:00May 18th, 2012|Uncategorized|Comments Off

SNAPShots

SNAPShots

Home / About Us / Advocacy / Why Join? / SNAPShots / Contact Us

Home / About Us / Advocacy / Why Join? / SNAPShots / Contact Us