Fitch Ratings has given U.S. non-profit hospitals and hospital systems a stable outlook for 2011, according to a report by the Healthcare Financial Management Association.
Non-profit hospitals that are rated by Fitch are expected to maintain their operating margins and cash flow throughout the year through ongoing labor management and efficiency initiatives, according to the report.
The report cautions, however, that ratings could turn negative if additional unexpected payment cuts occur or if a significant number of patients with private insurance switch to plans with lower reimbursement rates.
Read the HFMA report on non-profit hospital finances.
Read more coverage on hospitals' outlook:
- 15 Key Factors Affecting Hospitals' Longer-Term Outlook
Non-profit hospitals that are rated by Fitch are expected to maintain their operating margins and cash flow throughout the year through ongoing labor management and efficiency initiatives, according to the report.
The report cautions, however, that ratings could turn negative if additional unexpected payment cuts occur or if a significant number of patients with private insurance switch to plans with lower reimbursement rates.
Read the HFMA report on non-profit hospital finances.
Read more coverage on hospitals' outlook:
- 15 Key Factors Affecting Hospitals' Longer-Term Outlook