The pandemic likely distorted the financial picture.
Pennsylvania hospitals had an average profit margin of 8% in 2021, about twice the level of the previous year, according to the Pennsylvania Health Care Cost Containment Council.
When including money from investments and donations and revenue sources such as parking, their average total margin rose to 20%. HAP said its own analysis of the data found “the financial reality hospitals experienced—and continue to face—was, in fact, much harsher.” Moreover, the financial health of hospitals varies dramatically by region, with some hospitals earning profit margins in excess of 25% and others barely breaking even or worse.Here are some examples of the profit margins and total margins, which include the revenue sources such as investments and donations, for hospitals in the Harrisburg region and central Pennsylvania:UPMC Lititz: 26.44% profit margin; 26.41% total margin;WellSpan Gettysburg: 21.67% profit margin; 34.
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