Western PA Hospital Profits on Shaky Footing as Obamacare Changes Pend

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Profits were up at many Western Pennsylvania hospitals at the end of last year, thanks to higher revenue, a turnaround from the previous year when many reported losses from their operations.

The positive trend may be short-lived, however.

The Affordable Care Act, which was fully implemented this year, was generally viewed as a boon to hospitals because its primary aim is to increase the number of Americans with health insurance.

But even if more patients gain coverage and seek out hospital care, the boost could be offset by several negative consequences for the industry that also result from President Obama’s signature health reform law.

Read more at the Tribune-Review website.