On an annual basis, the Pennsylvania Health Care Cost Containment Council (PHC4) has produced a series of financial reports measuring the financial condition and utilization of the Commonwealth’s hospitals and ambulatory surgery centers. This is the second volume of a three-volume series of Financial Analysis 2020 report. Volume One, released in June 2021, focused on the financial health of Pennsylvania’s general acute care (GAC) hospitals. This report, Volume Two, presents financial information about Pennsylvania’s ambulatory surgery centers (ASCs). Volume Three, to be released later this year, will focus on Pennsylvania’s non-GAC (rehabilitation, psychiatric, long-term acute care, and specialty) hospitals. The data for the ASCs included in Volume Two is based on each facility’s fiscal year that ended during 2020. The fiscal year for most ASCs was calendar year ending December 31, 2020. For those facilities that do not utilize a calendar year, the fiscal year typically ended on June 30, 2020. Information contained in this report was derived from annual facility financial statements, supplemented with additional data supplied by each facility. Every reasonable effort has been made to ensure the accuracy of the information contained herein. Each facility had the opportunity to review its data and to make corrections. The responsibility for data accuracy lies with each facility. Pennsylvania ASCs. There were 290 ASCs licensed in Pennsylvania that operated during at least some portion of fiscal year 2020 (FY20). There were 296 ASCs operating during the prior year. This analysis for FY20 and the individual ASC data tables in this report is based on data collected from 279 ASCs; eleven ASCs are not included in this report.
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