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UPMC touts growing North Hills hospital hub, $12B in midyear revenue

UPMC executives boasted Thursday of “transforming” the health system’s North Hills footprint into a hub of innovative, high-demand health care services — such as robotic lung cancer detectors, more options for women and children, and a new mobile unit set to hit the streets next week. “We’ve added an extremely ....

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Despite pandemic, UPMC rakes in record-high $23.1 billion in 2020 revenue


Nate Smallwood | Tribune-Review
 
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The coronavirus pandemic did not thwart UPMC from raking in a record-high $23.1 billion in 2020 operating revenue nearly $2.5 billion more than the nonprofit health system generated in 2019 and $10 billion more than it did five years ago, data released Friday show.
UPMC Chief Financial Officer Ed Karlovich said the substantial growth in total revenue
up 12% year over year and an increase of more than 70% since 2016 demonstrates “a very telling story about the success of our organization,” which continues to advance ambitious growth plans in Western Pennsylvania and statewide. ....

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