Patient Decline amid Restructuring

West Penn Allegheny Health System, based in Pittsburgh, has reported a loss of $26.8 million (halfway in the fiscal year).  $12 million contributed to the operating loss due to the system’s major restructuring project.  The loss was in part due to severance packages, as well as fees for consultants and “physician integration costs.”

The health system has also seen a loss in inpatient volume; patient discharges fell 13.2% during this six month period.  This was a $31.1 million loss in patient revenue.  What are your thoughts on this?  Do you think we will see more of this decline across the country in the health systems?  For more information, check out this article, West Penn Allegheny continues to struggle

0 Comments – Join the Discussion

Some HTML is OK

(required)

(required, but never shared)