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UPMC's Financial Results for the First Half Fiscal Year Reflect the Changing Health Care Market (UPMC)
Feb 7th 2013, 11:33

(Source: UPMC) UPMC's operating revenues grew by $203 million to nearly $5 billion, with an operating income of $85 million. Net income of $247 million reflects positive investment returns. UPMC's operating EBIDA - or cash flow income - was $293 million. UPMC Health Plan total membership grew 22% and now exceeds 2 million. UPMC continues to advance patient care in the region, investing $281 million in capital expenditures and $136 million to fully fund employees' pensions during the first six months of fiscal year 2013. UPMC's commitment to the community is evident in its $622 million in community benefits for fiscal year 2012 and $3.2 billion over the past five years. PITTSBURGH, Feb. 7,...

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