Pennsylvania hospitals' financial health improves in Fiscal Year '07
Philadelphia Inquirer, June 12, 2008
While the overall financial health of Pennsylvania's 170 general hospitals continued to improve in fiscal 2007, a quarter of them lost money, according to a report released by the Pennsylvania Health Care Cost Containment Council. The money losers were disproportionately small, community hospitals in rural areas. One cause for concern was that the amount of uncompensated care rose faster than overall revenue. Uncompensated care was up $74 million, or 12.2%, to $678 million.
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