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Moody’s Predicts More Bad News For Non-Profit Hospitals
Health Leaders Media

Non-profit hospital chiefs who think they’ve been dragged through the wringer with the credit crunch and the recession should not think the worst is over, according to a new Moody’s Investor Service report, which could be summed up in short:

Brace yourselves for more bad news and changes for many years ahead.

“The degree of change facing hospitals under healthcare reform and other industry structural shifts is even more fundamental” than the change hospitals experienced with the DRG payment transition in the 1980s, Moody’s says, “touching all aspects of hospital operations and capital strategies.”