P-G: Audit finds Highmark big part of UPMC’s revenue

Article: UPMC might own most of the hospitals on the region’s Monopoly board, but those hospitals are more dependent on Pittsburgh insurer Highmark’s payments than previously known.

In its audited fiscal 2014 financial report, UPMC states that 31 percent of its $6 billion in net patient revenue, or about $1.9 billion, comes from non-Medicare Highmark insurance reimbursement payments. Only Medicare, with 33 percent, represented a larger slice of UPMC’s revenue pie.

Audit finds Highmark big part of UPMC’s revenue

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