3 recent stories on nonprofit hospital finances

The following stories were posted during the past month on the nonprofit hospital sector, based on reports from major credit rating services.

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1. S&P: Nonprofit children’s hospitals likely to stay stable short-term
Nonprofit children’s hospitals will likely remain financially stable for another year or two, although healthcare reform and reliance on government funding could present long-term challenges, according to a Standard & Poor’s report.

2. Moody’s: Nonprofit hospital revenues, cash flow hit record low in 2013
Nonprofit hospital cash flow margins and revenue growth reached record lows in fiscal year 2013, according to a report from Moody’s Investors Service.

3. Fitch: Nonprofit healthcare sector operating profitability drops
Fitch Ratings reported a decline in operating profitability across all rating categories for the first time in six fiscal years in its 2014 report on median ratios for nonprofit hospitals and healthcare systems.

More articles on hospital finance:
We spend HOW much on hospital bureaucracy? Why pay-for-performance will only make it worse Fitch assigns ‘BBB+’ rating to Major Hospital
6 recent hospital rating and outlook changes, affirmations 

 

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