Victoria Stagg Elliott

Victoria Stagg Elliott
Finances at Nonprofit Hospitals Could Take a Hit

May 3, 2010, American Medical News Health system reform could give nonprofit hospitals some short-term gains and some long-term pain, according to a credit rating agency report. Meanwhile, pension obligations also could provide a drag on those same hospitals' finances, another credit rating agency said.

Moody's Investors Service on April 12 published a report finding that although bad debt and charity care would likely go down in the immediate future, efforts to control costs would diminish revenues over time.