Fitch Ratings Sector Outlook for U.S. Not-for-Profit Hospitals and Health Systems has been revised to neutral from deteriorating. While operating headwinds remain, the sector has shown steady improvement following considerable margin compression in 2022-2023. The rate of labor expense escalation in particular continues to attenuate, as well as a moderation of general inflation. Balance sheets remain robust, benefiting from improving cash flows and equity market returns.
Mon 09 Dec, 2024