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Fitch lowers not-for-profit hospital outlook to negative
Modern Healthcare

Fitch Ratings has lowered the outlook on not-for-profit hospitals to negative for the first time since 2009, with little optimism that expanded insurance coverage will ease the pressure on strained operating margins. James LeBuhn, who heads Fitch’s not-for-profit healthcare group, said he expects to see more volatility in earnings results next year, as providers grapple with soft volumes and reimbursement cuts stemming from sequestration and possible performance penalties under the Patient Protection and Affordable Care Act.