The outlook revision reflects Moody’s view that NorthShore will face difficulties reversing two years of low margins, though the ratings affirmation acknowledges that the system will maintain its strong market position in a favorable service area.
Moody’s said volume declines, more competition and the presence of a dominant commercial payer will continue to compress margins.
More articles on healthcare finance:
Pennsylvania medical center will be profitable in November, Americore Health CEO says
Many healthcare CIOs not confident about their financial data, survey finds
California voters back $1.5B bond initiative to upgrade children’s hospitals
