HAP's Latest News

As Pennsylvania ages and looks to revitalize its economy, hospitals are more important than ever to the health and vitality of communities. To meet these needs, the commonwealth’s hospitals have invested nearly $10 billion in strengthening the health of their communities, while supporting 1 in 9 jobs statewide and 19 percent of the commonwealth’s gross domestic product, an analysis released today by The Hospital and Healthsystem Association of Pennsylvania (HAP) indicates.

Across the nation, hospitals are continuing their financial progress in 2024, but recovery remains below the pre-pandemic baseline.

In a letter today, HAP and the Pennsylvania hospital community strongly opposed legislation that would create new regulatory burdens for hospitals while threatening access to care.

Johnson and Johnson (J&J) announced this week it was forgoing a controversial plan to offer rebates for certain 340B drugs instead of direct drug discounts.

U.S. hospitals and health systems continue to work toward financial stability after years of uncertainty following the pandemic.

U.S. hospitals continue to face an uncertain financial picture, as they work toward sustainability and ensuring access to care.

Hospitals did not see any financial surprises during May, with margins and other key performance indicators showing less volatility from month to month, according to the latest Kaufman Hall National Hospital Flash Report.

More than half of Pennsylvania’s general acute care hospitals operated at a loss during fiscal year (FY) 2023 and only a third had at least the minimum margin needed to be sustainable in the long term.

As Pennsylvania ages, many health care professionals are approaching retirement just as the need for health care is rapidly growing. Hospitals and health systems are leading the way in growing the next generation of health care professionals to care for Pennsylvanians and our communities.

Hospitals are grappling with uneven financial conditions, with operating margins, volume, and outpatient revenue all declining during March.