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PHC4 Releases Second Quarter 2022 Report on the Effect of the COVID-19 Disaster Emergency on Hospitals and Health Care Facilities in the Commonwealth
Harrisburg, PA – November 29, 2022 – The Pennsylvania Health Care Cost Containment Council (PHC4) has issued this report to provide data on the effect of the COVID-19 disaster emergency on Pennsylvania hospitals and health care facilities. In completing this report, PHC4 aggregated data related to second quarter of 2022 COVID-19 expenses and lost revenue as reported by hospitals and health systems in the Commonwealth.
Pennsylvania hospitals and health systems reported $206,282,192 in COVID-19 costs, between related expenses and revenue losses for the period April â June 2022. These expenses and revenue losses were attributable to coronavirus and used to prevent, prepare for and respond to the coronavirus pandemic. Total COVID-19 related expenses and lost revenue reported by Pennsylvania hospitals and health systems through December 2021 (Jan 2020-June 2022) were $7,872,048,091.
âThe data shows that COVID-19 related costs and lost revenue are showing a significant decrease in quarter two of 2022.â said Barry D. Buckingham, Executive Director of PHC4.
Specific breakdowns for the Q2 2022 (April 2022 â June 2022) period include:
- Staffing Expenses: $91,472,568
- Testing Expenses: $13,145,238
- Supplies & Equipment Expenses: $25,776,620
- Construction Expenses: $17,796
- Housing Care Expenses: $116,703
- Other Expenses: $11,017,661
- Revenue Loss: $64,735,606
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. The COVID-19 Disaster Emergency Report is available from PHC4âs website at www.phc4.org.
