PHC4 financial report: 2017 proved to be a mixed year for Pa. specialty hospitals

FFiscal 2017 produced mixed results for the Philadelphia region ’s specialty hospitals, according to a financial performance report released this week by the Pennsylvania Health Care Cost Containment Council. The PHC4 report found eight of the 11 psychiatric hospitals in the five-county area generated profits last year, while only one of the area’s five lon g-term acute care hospitals [LTAC] finished the year in the black. The report also showed three of the region’s four rehabilitation hospitals…
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