The health system posted a $9 million operating loss through June 30. That’s more than a $100 million improvement compared to the same period last year, according to financial data released Aug. 12.
Allegheny Health pointed to four key volume metrics that helped the health system rebound. Year-over-year increases in the first six months of the year included:
- a 9 percent uptick in discharges and observations
- an 18 percent increase in emergency department admissions
- an 18 percent increase in physician visits
- and a 68 percent jump in outpatient registrations
Allegheny Health’s parent company, Pittsburgh-based Highmark, reported revenue of $10.4 billion for the six-month period and an operating gain of $507 million. Highmark’s business includes Allegheny as well as health insurance and technology service lines.
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