(File Photo: Source for Photo: FILE – In this Sept. 14, 2021, file photo, a syringe is prepared with the Pfizer COVID-19 vaccine at a clinic at the Reading Area Community College in Reading, Pa. Millions of U.S. workers now have a Jan. 4 deadline to get a COVID vaccine. The federal government on Thursday, Nov. 4, 2021 announced new vaccine requirements for workers at companies with more than 100 employees as well as workers at health care facilities that treat Medicare and Medicaid patients.. (AP Photo/Matt Rourke, File)
Noah Haswell, Beaver County Radio News
(Harrisburg, PA) According to a new report commissioned by system advocates, financial instability could force closures at more than a dozen Pennsylvania hospitals in the coming five years if state policymakers fail to act and the industry’s economic climate continues to deteriorate. The study was released yesterday by the consulting firm Oliver Wyman and it found that Medicaid reimbursement rates of Pennsylvania are 11 percentage points lower than the national average, compensating hospitals for just 87 cents of every dollar of care.











