A financial study of Pennsylvania's hospitals shows that hospitals in York County are bouncing back from fiscal year 2012.
The report, which analyzes 169 hospitals from July 1, 2012, to June 30, 2013, was recently released by the Pennsylvania Health Care Cost Containment Council. Since fiscal year 1989, the council has released the reports, which measure the financial conditions of the state's hospitals and health systems.
This year's report shows that the statewide total margin, or overall net income, rose from $2.3 billion to $2.4 billion in the last fiscal year. Last year's report showed a decrease from $2.69 billion to $2.3 billion.
Around the county: York County's hospitals also saw improved numbers.
York Hospital had a 15.73 percent total margin in fiscal year 2013, compared to 8.34 percent in fiscal year 2012. Memorial Hospital's total margin improved from negative 6.34 to 2.49 percent, and Hanover Hospital's figure increased from 3.91 to 8.60 percent.
The average total margin for the region is 11.33 percent, according to the report.
The three-year average total margins for the hospitals are 13.06 for York Hospital, negative 1.92 percent for Memorial and 7.34 percent for Hanover. The average figure across the region is 9.64 percent.
Although uncompensated care levels grew by more than 5 percent, or $53 million, across the state, all three hospitals saw a decrease in charity care cases. York Hospital's percentage of uncompensated care went from 4.56 to 4.27 percent; Memorial's went from 5.5 to 5.21 percent; and Hanover's went from 3.52 to 2.51 percent.
The regional average is 3.59 percent, the report says.
— Reach Mollie Durkin at firstname.lastname@example.org.