AzHHA Releases Hospital Financial Reports for February 2018 / by Joe Furia

Jim Haynes, Senior Vice President and Chief Operating Officer

The latest hospital financial reports show improved financial results for the last twelve months ending February 2018. The improvement over last year was partially driven by an increase in inpatients seen by hospitals. Survey results show that in the last 12 months operating margins were slightly over 5 percent. In addition, survey results show a dramatic reduction in uncompensated care since the restoration of the prop. 204 population and Medicaid expansion back in 2014. For the twelve month period ending February 1, 2014 uncompensated care hospitals incurred was just under 8 percent, while for the most recent 12 months it had declined to 2.5 percent. The total AHCCCS population has decreased by 4 percent since April 2017, and the childless adult population, partially financed by the hospital assessment, has declined steadily over the last 6 months.