Financial analysis 2020: Volume three, Rehabilitation, psychiatric, long-term acute care, specialty : an annual report on the financial health of Pennsylvania non-GAC hospitals
On an annual basis, the Pennsylvania Health Care Cost Containment Council (PHC4) has produced a series of financial reports that measure the financial condition and utilization of the Commonwealth’s hospitals and ambulatory surgery centers. This is the third volume of a three-volume series of Financial Analysis 2020 report. Volume One, released in June 2021, focused on the financial health of Pennsylvania’s general acute care (GAC) hospitals. Volume Two, released in November 2021, provided financial information about Pennsylvania’s ambulatory surgery centers (ASCs). This report, Volume Three focuses on Pennsylvania’s non-GAC hospitals, which include rehabilitation hospitals, psychiatric hospitals, long-term acute care hospitals, and specialty hospitals. The data presented for non-GAC hospitals is based on each facility’s fiscal year that ended during 2020. The fiscal year for the majority of the non-GAC hospitals was calendar year ending December 31, 2020. For hospitals that do not utilize a calendar year, the fiscal year typically ended on June 30, 2020. Information contained in this report was derived from annual hospital financial statements, supplemented with additional data, as well as inpatient discharge data supplied by each hospital. Every reasonable effort has been made to ensure the accuracy of the information contained herein. Each facility had the opportunity to review its data and to make corrections. The responsibility for data accuracy lies with the individual facility. Pennsylvania Hospitals. There were 231 hospitals licensed in Pennsylvania that operated during at least some portion of FY20; 67 consist of the non-GAC hospitals and 164 were GAC hospitals. This report includes statewide analysis for all non-GAC hospitals with GAC hospitals incorporated for comparative purposes. The individual hospital data tables include data for all non-GAC hospitals that submitted FY20 data.
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