Financial Analysis 2015 – Volume Three – News Release

Contact: Joe Martin
717-232-6787 or


Harrisburg, PA - November 15, 2016 - Statewide average total margins experienced by non-general acute care hospitals (non-GAC) during fiscal year 2015 (FY15) ranged from 5.87% at psychiatric hospitals to 11.68% at rehabilitation hospitals, according to a report released today by the Pennsylvania Health Care Cost Containment Council (PHC4).

“Pennsylvania’s non-general acute care hospitals play a vital role in the commonwealth’s health care system and it is important both to health care and the state’s economy that they remain viable,” said Joe Martin, PHC4’s executive director. “While the various categories of hospitals in this report showed mixed financial results in 2015 compared to the previous year, their overall profile indicates that they are generally stable.”

Psychiatric hospitals operating margins decreased from 9.81% in FY14 to 8.81% in FY15, while long-term acute care hospitals operating margins increased from 5.24% to 8.04%. Specialty hospitals operating margin decreased from 10.01% in FY14 to 7.78% in FY15, while rehabilitation hospitals operating margin increased slightly from 12.70% in FY14 to 12.87% in FY15.

Report highlights:

This is the third volume of a three-volume series of Financial Analysis 2015 reports. Volume One, which was released in May 2016, focused on the financial health of Pennsylvania’s general acute care (GAC) hospitals. Volume Two, released in October 2016, concentrated on Pennsylvania’s ambulatory surgery centers (ASCs). Volume Three focuses on Pennsylvania’s non-GAC hospitals, which include rehabilitation hospitals, psychiatric hospitals, long-term acute care and specialty hospitals.

PHC4 is an independent state agency charged with collecting, analyzing and reporting information that can be used to improve the quality and restrain the cost of health care in Pennsylvania. Copies of Financial Analysis 2015, Volumes One, Two and Three, are available from PHC4’s website at