Outlook ‘deteriorating’ for nonprofit hospitals, Fitch says

Becker’s Healthcare August 16, 2022
Andrew Cass

Citing extra extreme than anticipated macro headwinds, Fitch revised its sector outlook for nonprofit hospitals and well being programs to “deteriorating” Aug. 16. 

Nonprofit hospitals have been hamstrung by labor and broader macro inflationary pressures that “are rendering the sector much more susceptible to future stress,” Fitch senior director Kevin Holloran mentioned in an Aug. 16 information launch. Funding losses have additionally contributed to a rockier 2022 than anticipated, and working metrics are down…

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