Pennsylvania Hospital Funding Shortfalls Lead to Closures in Philadelphia
A January 21 report from The Hospital and Healthsystem Association of Pennsylvania (HAP) has highlighted the dire consequences of inadequate hospital funding in the state, with Philadelphia and other regions facing significant challenges. The report, conducted by consulting firm Oliver Wyman, warns that up to 14 hospitals across Pennsylvania could close within the next five years without urgent reforms to align hospital payments with the actual costs of care. This comes on the heels of 25 hospital closures statewide over the past decade…