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PHC4’s Financial Analysis, Volume Two Shows Pennsylvania’s Ambulatory Surgery Centers Net Patient Revenues Increased 14.1%

PHC4 releases Financial Analysis, Volume Two today, the second in a three-part series of reports released annually by the organization. Volume Two focuses on providing insight into the financial health of Pennsylvania’s ambulatory surgery centers (ASCs).

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Current Events: Non-Compete Agreements in Health Care

PHC4 has released a new resource on its website, intended to support informing interested Pennsylvanians on current topics that impact health care in the Commonwealth. This first occurrence aims to offer insight into non-compete agreements in health care and includes an extensive summary of the events on both state and federal levels.

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PHC4 Looks to Broaden Value to Stakeholders, Offering Insight into Non-Compete Agreements in Health Care and Public Comment Period

PHC4 has released a new resource on its website, intended to support informing interested Pennsylvanians on current topics that impact health care in the Commonwealth. This first occurrence aims to offer insight into non-compete agreements in health care and includes an extensive summary of the events on both state and federal levels.

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August 2024 Newsletter

Senator Haywood Joins PHC4 Council More from PHC4 PHC4 welcomes a new member, Senator Arthur L. Haywood, to its Council. Senator Haywood represents the 4th Legislative District in the Pennsylvania Senate, serving parts of Montgomery and Philadelphia Counties. He serves as the Democratic Chair of the Senate Health and Human Services Committee. He was appointed to a […]

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New PHC4 Reports Aid in Understanding Hospitalizations and Ambulatory/Outpatient Cases in Pennsylvania Counties

County-Level Utilization Reports are updated every quarter and show the overall total number of inpatient hospitalizations and ambulatory/outpatient cases for Pennsylvania residents. These results are displayed by patient age, sex, and payer. The County-Level Utilization Reports reflect data from Q4 of 2023.

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PHC4 Publishes New Report on Childhood Cancer Hospitalizations

This research brief examines inpatient hospitalizations for Pennsylvania children, (those under 18 years of age) who were admitted to a Pennsylvania general acute care hospital with a diagnosis of cancer. The analysis includes cases where cancer was the principal reason for the admission, as well as cases where the patient was admitted for another reason but also had a diagnosis of cancer.

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PHC4’s Cardiac Procedure Report Expands, Now Includes Six Procedure Types

Barry D. Buckingham, PHC4’s Executive Director, said “We know adding the surgical aortic valve replacement (SAVR) with coronary artery bypass graft (CABG) procedure to this report provides further value to stakeholders when assessing opportunities to prioritize resources.”  He added that PHC4 sees this as serving its mission to provide fact-based reporting to better inform decisions for all Pennsylvanians.

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PHC4 Welcomes Senator Arthur L. Haywood, Newly Appointed Council Member

Barry D. Buckingham, PHC4’s Executive Director, believes the composition of the Council accurately reflects the stakeholders of the Commonwealth. “Having the insights provided by our Council members is key to providing Pennsylvanians with reporting that is fact-based, risk adjusted, and timely, which ensures informed decision-making,” said Buckingham.

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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.”

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PHC4 Addresses Pennsylvania House of Representatives Members

When considering PHC4’s value proposition, Representative Cutler states, “As Pennsylvanians continue to deal with rising costs in all aspects of life, PHC4’s mission helps Pennsylvanians find affordable healthcare through transparency, accurate data, and increasing competition in the healthcare marketplace. When healthcare is more affordable, living in Pennsylvania is more affordable, and PHC4’s work helps make Pennsylvania a great place to live, work, and raise a family.”

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