close

TAGGED : PHC4

Four area hospitals posted losses in 2024, report shows

A new report from the Pennsylvania Health Care Cost Containment Council (PHC4) shows that 37% of the state’s general acute-care hospitals posted a negative operating margin in 2024, including four in the region. That means more than one-third of those hospitals lost money on their ...

Report details COVID-19 impacts on hospitals, hospitalization and death rates

Pennsylvania hospitals lost $8.1 billion during the COVID-19 pandemic, and over the course of the pandemic, 11% of hospital patients who contracted the virus died, according to a report released Thursday by the Pennsylvania Health Care Cost Containment Council and the Hospital and Health ...