Total profits at outpatient surgery centers inPennsylvania soared to nearly 21% in 2005, as the number of such facilities continued to climb, the Pennsylvania Health Care Cost Containment Council said in a new report. In all, 25 new outpatient surgery centers opened in Pennsylvania between June 2005 and May 2006, bringing the statewide total to 202. And surgery centers’ statewide total margin hit 20.87% in fiscal 2005, up from 18.82% in fiscal 2004. Since 2001, the statewide total margin for surgery centers has surged a total of 9.5 percentage points, according to the report. Outpatient diagnostic and surgical procedures grew 34.5% in Pennsylvania in the past five years, with almost three-fourths of the growth occurring at surgery centers.
Pa. surgery centers’ profits hit 21%
Send us a letter
Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.