Pittsburgh-based UPMC revealed a $77 million increase in operating revenues from July 1 to Sept. 30, leaving the healthcare system healthy enough to add 815 jobs through the end of fiscal year 2011, according to a UPMC news release.
The following results for July 1 through Sept. 30 were shared in the release:
• Operating income of $93 million, an increase of $28 million.
• Cash flow income of $190 million, expected to exceed $600 million for fiscal year 2011.
• Outpatient activity increased 10 percent.
• Enrollment in UPMC insurance services increased 5 percent.
UPMC is western Pennsylvania’s largest employer, with nearly 50,000 employees.
Read the UPMC release on its financial results.
Read other financial results from healthcare organizations:
-Fitch Assigns ̎AA- ̎ Rating to University of Chicago Medical Center
-West Penn Allegheny Reports Operating Loss of $89.9M
-Aurora Health Care in Wisconsin Receives A-Rating From Fitch
The following results for July 1 through Sept. 30 were shared in the release:
• Operating income of $93 million, an increase of $28 million.
• Cash flow income of $190 million, expected to exceed $600 million for fiscal year 2011.
• Outpatient activity increased 10 percent.
• Enrollment in UPMC insurance services increased 5 percent.
UPMC is western Pennsylvania’s largest employer, with nearly 50,000 employees.
Read the UPMC release on its financial results.
Read other financial results from healthcare organizations:
-Fitch Assigns ̎AA- ̎ Rating to University of Chicago Medical Center
-West Penn Allegheny Reports Operating Loss of $89.9M
-Aurora Health Care in Wisconsin Receives A-Rating From Fitch