UPMC Reports $93M Profit, Addition of 815 Full-Time Jobs

Pittsburgh-based UPMC revealed a $77 million increase in operating revenues from July 1 to Sept. 30, leaving the healthcare system healthy enough to add 815 jobs through the end of fiscal year 2011, according to a UPMC news release.

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The following results for July 1 through Sept. 30 were shared in the release:

• Operating income of $93 million, an increase of $28 million.
• Cash flow income of $190 million, expected to exceed $600 million for fiscal year 2011.
• Outpatient activity increased 10 percent.
• Enrollment in UPMC insurance services increased 5 percent.

UPMC is western Pennsylvania’s largest employer, with nearly 50,000 employees.

Read the UPMC release on its financial results.

Read other financial results from healthcare organizations:

Fitch Assigns ̎AA- ̎ Rating to University of Chicago Medical Center

West Penn Allegheny Reports Operating Loss of $89.9M

Aurora Health Care in Wisconsin Receives A-Rating From Fitch

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