It looks like plain 'ole sphag to me- maybe dyed to make it more aesthetic.
I'd switch to bark- it's easier to control the water retention, and the roots won't rot as easily.
Now would be a great time to repot anyways since it's done blooming. You'll find a bajillion threads about repotting phals, medias, cutting the flower spike, etc, on this board if you search for them, and in the Member Articles section that is linked on the left side of the page.
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