Although the system continues to operate in the red, Dan Laurent, a WPAHS spokesman, told the Pittsburgh Post-Gazette, the system’s operating numbers have improved over the last five quarters.
WPAHS reported revenue of $445.2 million for the three-month period that ended March 31, up slightly from revenues of $444.3 million for the comparable period of last year.
Inpatient admissions at the system’s facilities were up in the three-month period. Mr. Laurent told the Pittsburgh Post-Gazette the increase in admissions and outpatient registrations “reflects our efforts to expand capacity and reach of our programs in the community.”
More articles on healthcare finance:
How to make the hospital revenue cycle more like that of Starbucks and the Ritz
283 rural hospitals vulnerable to closure: 5 things to know
Kansas, Texas back Florida in Medicaid expansion fight
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
