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Format: 04/16/2014
Format: 04/16/2014

News

Pittsburgh Post-Gazette: Prognosis is uncertain for health organizations

Wednesday, March 17th, 2010

By Steve Twedt, Pittsburgh Post-Gazette
Between a stubborn recession and a still-uncertain course for health reform, running a healthcare organization these days calls for nerve, patience and perhaps a little therapy.

The Post-Gazette's annual listing of revenue figures for major local healthcare organizations -- 10 of the top 13 are in the hospital business, with insurer Highmark and its nearly 3 million Western Pennsylvania subscribers at the top -- shows that most of them reported revenue numbers that are holding steady or doing slightly better than a year ago.

But those improving fortunes could change depending on what the economy does and what a reformed U.S. health care system looks like.

A.J. Harper, president of the Hospital Council of Western Pennsylvania, noted that a bad economy means more lost jobs, which means more people seeking treatment without traditional employer-based health insurance coverage

 

To read more, visit the Post-Gazette website.

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