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For-profit hospital chains benefit financially from ACA
Modern Healthcare

Insurance expansion provisions of the Patient Protection and Affordable Care Act are having a positive effect on for-profit hospital chains, Fitch Ratings said in a report Thursday. For-profit hospital chain payer mix has improved, bad debt has declined and operating margins are edging up, it noted in examining results for the first six months of this year.

As a result, Fitch has upgraded the credit ratings for HCA to BB- with a stable outlook, and to BBB- for Universal Health Services with a stable outlook. It affirmed BB ratings with a stable outlook for Tenet HealthCare Corp. and LifePoint Hospitals.