450 hospitals at risk of potential closure, Morgan Stanley analysis finds

More than 15 percent of U.S. hospitals have weak financial metrics or are at risk of potential closure, according to Business Insider, which cited a recent report from Morgan Stanley.

Morgan Stanley analyzed data from roughly 6,000 hospitals and found 600 of the hospitals were "weak" based on criteria for margins for earnings before interest and other items, occupancy and revenue, according to Bloomberg. The analysis revealed another 450 hospitals were at risk of potential closure, according to Business Insider

Texas, Oklahoma, Louisiana, Kansas, Tennessee and Pennsylvania had the highest concentration of hospitals in the "at risk" pool, according to the report.

Read the full Business Insider article here.

Read the full Bloomberg article here

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