Contact: Barry D. Buckingham
PHC4 releases first quarter 2022 report on the effect of the COVID-19 disaster emergency on hospitals and health care facilities in the Commonwealth
Harrisburg, PA – July 27, 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 first 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 $418,752,235 in COVID-19 costs, between related expenses and revenue losses for the period January 2022 â March 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 March 2022 (Jan 2020-March 2022) were $7,612,533,051.
âThe data shows that COVID-19 related costs, due to increased staffing and labor costs continue to increase.â said Barry D. Buckingham, Executive Director of PHC4.
Specific breakdowns for the Q1 2022 (January 2022 â March 2022) period include:
- Staffing Expenses: $202,335,686
- Testing Expenses: $32,415,662
- Supplies & Equipment Expenses: $51,305,958
- Construction Expenses: $52,381
- Housing Care Expenses: $186,281
- Other Expenses: $36,717,958
- Revenue Loss: $95,738,309
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.