What Lancaster County’s 4 Hospitals Made In Profits In 2012

Map of Pennsylvania highlighting Lancaster County (Photo credit: Wikipedia)

The bottom line is starting to look healthier for local hospitals, which saw profits of between $7 million and $65 million in 2012 after some recent lean years.

All four hospitals saw an increase in profits, with two sister hospitals here seeing the biggest leap, according to a new state report.

All of the hospitals also had robust profit margins, according to the report by the Pennsylvania Health Cost Containment Council.

One local hospital official, however, said things might not be as good as they appear, due to the fact that the data included in the report does not include losses from hospital-owned physician practices.

Read more: http://lancasteronline.com/article/local/849894_What-Lancaster-County-s-4-hospitals-made-in-profits-in-2012.html#ixzz2TQB2Ff8W

’60 Minutes’ Report Critical Of Health Management Associates

A national health-care chain that operates two hospitals in Lancaster County has come under fire after an investigative TV news program aired allegations that profits — and not patient care — motivated many of the company’s decisions in the emergency room.

CBS correspondent Steve Kroft on “60 Minutes” Sunday charged Health Management Associates with running unnecessary tests and admitting patients without cause — all to drive up revenue.

Based in Naples, Fla., HMA is the nation’s fourth-largest for-profit hospital chain.  Locally, HMA operates Lancaster Regional Medical Center at 250 College Ave. and Heart of Lancaster Regional Medical Center in Lititz.

Danielle Gilmore, director of marketing for Lancaster Regional, declined to discuss the CBS report, instead sharing a statement issued by HMA’s corporate office in Naples.

Read more: http://lancasteronline.com/article/local/788776_-60-Minutes–report-critical-of-Health-Management-Associates.html#ixzz2E1Aur9Zx