S&P, Moody's say King v. Burwell has no credit impact on nonprofit hospitals

Both Standard & Poor's Ratings Services and Moody's Investors Service released comments Thursday after the U.S. Supreme Court handed down its decision on King v. Burwell, and both agree that the decision will not have any credit impact on nonprofit hospitals.

Although the decision upholds the current status quo, Moody's noted that the decision does remove some uncertainty for budgeting purposes.

S&P highlighted that the subsidized exchange business is benefitting healthcare providers, and that benefit will likely continue.

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