News & Press Releases
June 27, 2024
PHC4’s Financial Analysis Shows Decline in Statewide Average Operating Margins and Total Margins for Pennsylvania GAC Hospitals
Volume One provides insight into information surrounding uncompensated care, net patient revenue, operating margin, and total margin for the 156 licensed GAC hospitals that operated in some portion of Fiscal Year 2023 (FY23). Barry D. Buckingham, PHC4’s Executive Director said, “We know our stakeholders rely on having these high-quality, fact-based reports to evaluate the financial health of Pennsylvania’s care delivery systems. As a part of our mission, we look forward to continuing to produce this much needed reporting.”
