Fewer Pa Hospitals in the Red
By: Charlotte Ames
Updated: May 17, 2012
The financial condition of Pennsylvania hospitals seems to be improving.
A new statewide report shows more Pennsylvania hospitals operating in the black last year, although the amount of their charity care or bad debt is increasing. The review by the Pennsylvania Health Care Cost Containment Council says the number and percentage of hosptials that lost money declined in 2011.
Last year, 20% percent of hospitals were in the red, down from 24% in 2010. There's been a significant improvement since 2009 when 45% of hospitals were losing money.
In our area, Altoona Regional Health System, Clearfield Hospital, Dubois Regional Medical Center, J.C. Blair Memorial Hospital, Tyrone Hospital and Windber Hospital were among the hospitals in the red, last year.
A new statewide report shows more Pennsylvania hospitals operating in the black last year, although the amount of their charity care or bad debt is increasing. The review by the Pennsylvania Health Care Cost Containment Council says the number and percentage of hosptials that lost money declined in 2011.
Last year, 20% percent of hospitals were in the red, down from 24% in 2010. There's been a significant improvement since 2009 when 45% of hospitals were losing money.
In our area, Altoona Regional Health System, Clearfield Hospital, Dubois Regional Medical Center, J.C. Blair Memorial Hospital, Tyrone Hospital and Windber Hospital were among the hospitals in the red, last year.
Charlotte Ames is the area's only local Health Reporter and brings you the latest medical health news weeknights. You can catch Healthcast on WTAJ News at 5:00pm and her Health Headlines report on WTAJ News at 5:30pm.