Doylestown Health continues to face financial struggles as it awaits completion of its merger with Penn Medicine, writes John George for the Philadelphia Business Journal.
The Bucks County health system, which operates the 247-bed Doylestown Hospital, recently reported its results for the first half of the 2025 fiscal year, which showed an operating loss of $13.7 million – a significant increase from the $8.1 million loss over the same period in fiscal 2024.
Total revenue for Doylestown Health grew by 3.7 percent year over year during the last six months of 2024, from $216.8 million to $224.9 million.
Doylestown Health’s chief financial officer, Elizabeth Seeber, attributes the financial strain primarily to higher costs from relying on outside vendors in hard-to-staff areas like nursing.
“While we experienced an overall growth in patient volumes over last year, these volumes were softer than anticipated in a few select areas,” said Seeber.
The nonprofit health system signed a definitive merger agreement with the University of Pennsylvania Health System in August, which is currently undergoing regulatory review. The deal is expected to be finalized in early spring.
Read more about Doylestown Health’s continuing financial struggles in the Philadelphia Business Journal.
