Key Takeaways
- Ongoing, but slow recovery for hospitals and health care systems as COVID-19 surges may continue into fall;
- Revenues and expenses will likely be under longer-term pressure while reserves may tread in place, at best, or possibly decline;
- The credit quality gap may widen and the stronger credits will likely be better positioned when COVID-19 subsides;
COVID-19 will exacerbate existing pressures on the industry, and could further accelerate the pace of change.
13 Aug, 2020