The most significant increase in hospital profits is anticipated to occur in the second quarter of this year, said Kevin Fischbeck, a Bank of America analyst, in the report.
Mr. Fischbeck said hospitals will see fewer charity cases under the ACA, and that will lead to important profit gains. He expects this to have a significant impact in the second quarter, as he anticipates a surge in insurance coverage from the exchanges during that time.
Mr. Fischbeck also reflected on the first quarter of this year, when many hospitals had improvement due to Medicaid expansion. “Reform benefits were clear and immediate in the first quarter,” said Mr. Fischbeck, in the report.
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