News Headlines Article

Outlook for hospitals is bleak due to health care reform
Santa Rosa Press Democrat

The Moody’s credit rating agency recently published a report on the financial health of California hospitals. It begins on an encouraging note, pointing out annual operating performance of California hospitals has been strong compared to the national average. Going forward, however, Moody’s paints a bleak picture, stating bluntly, “The outlook for not-for-profit hospitals in the state is negative.”