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Report: 1 in 3 area hospitals lost money last year

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Nearly one in four Pennsylvania hospitals — and one in three in this region – lost money last year, according to a report released Thursday by the Pennsylvania HealthCare Cost Containment Council. The PHC4 study found medical centers, as a group, experiencing a small improvement in operating margins and a drop in uncompensated care costs. The report, which covers fiscal 2015 which ended June 30, shows 46 of the state’s 170 acute-care hospitals reporting data— including 16 in Philadelphia…

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