UVA Health income in FY2025 did not meet expectations

The Fiscal Year 2025 budget for the University of Virginia Health system anticipated a nominal growth for the year but revenues did not meet expectations.

A report to the UVA Health System Board states that “operating income was unfavorable to budget.”

“While volumes were strong, particularly at the UVA Medical Center, the increased admissions were driven from higher volumes of lower acuity patients coming through our emergency department,” reads the report.

In health care, a lower acuity patient is one that will likely not develop serious complications that need to be treated.

The report also notes the UVA pharmacy activity was stronger than expected, but any revenue growth was offset by cost increases for specialty drugs.

Overall, revenues were 0.9 percent below the budgeted amount. That’s the total amount for the UVA Medical Center (MC), UVA Community Health (CH), the UVA Physicians Group (UPG), the UVA School of Medicince (SOM), and the UVA School of Nursing (SON).

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