The Philadelphia Inquirer and Philadelphia Business Journal reported on Temple University Health System’s finances as the health system released its final fiscal year 2023 results. The Health System reported a $64 million operating loss for the fiscal year that ended June 30, and a net income of $1.3 million. Among the reasons for the operating loss were higher labor costs, insurer reclassification of acute care patients to lower-reimbursed observation status, and Epic conversion costs.
Important announcement concerning Temple Health and Keystone First. Our provider agreement with Keystone First is scheduled to end on July 31st. Click the link below to learn about your options for continuing care at Temple Health.
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