Hawaii Pacific Health, a four-hospital system headquartered in Honolulu, reported significant growth in its bottom line in its most recent fiscal year despite inpatient admissions falling.
Hospitalizations have been on the decline nationwide as healthcare reform and economic pressures have pushed more people away from the four walls of the hospital to less costly outpatient settings. More robust outpatient volumes have helped many hospitals and health systems weather the storm.
Outpatient visits for Hawaii Pacific Health rose more than 3.8% in its fiscal 2014, which ended June 30, according to the not-for-profit system's audited financials (PDF). Emergency-room visits, urgent-care visits and outpatient surgeries all rose year over year as well.