The University of Pittsburgh Medical Center cut 410 beds between March and December of 2014, stung by the same declining admissions seen in many hospitals across the country.
UPMC said it had 4,429 beds in service in the six months ended December 2104, compared to 4,839 in the same period in 2013. The biggest cuts came in medical-surgical beds, which lost 367. The hospital also cut 29 psychiatric beds and 33 skilled nursing beds while adding 29 rehabilitation beds, according to a recent hospital report.
Total admissions for the six months was 143,249 compared to 144,038 in the prior-year period. Shedding beds, however, pushed the hospital’s occupancy to 78 percent.
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On the financial front, UPMC said its revenue for the six months was flat at $5.8 billion, with operating income of $177 million compared to $112 million in the same period one year ago. Earnings before interest, depreciation and amortization was $408 million compared to $337 million in the prior-year period.
A spokeswoman for the hospital told the Pittsburgh Business Times that cuts to hospital beds have no impact on jobs.
Here's the full report from the hospital:
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