U.S. Not-For-Profit Stand-Alone Hospital Sector Performance Shows Gradual Improvement

5672 word report published Jul 19, 2010

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Abstract:

Standard&Poor's Ratings Services' fiscal 2009 key median ratios for U.S. stand-alone hospitals show improvement in operating metrics compared with 2008 ratios. In addition, we generally see signs of stabilization and overall improvement in balance sheet medians at some rating levels. Since the 2008 median report and in response to the broader global economic challenges that began in late 2007, we have seen management teams at many hospitals sharpen their focus on tightening expenses and strengthening revenue cycle performance, which has yielded better operating margins in many cases. At the same time, the investment and financial markets have shown signs of recovery this past year after much instability. We believe that along with more prudent management of capital investments

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RESEARCH Ratings Definitions PDF U.S. Not-For-Profit Stand-Alone Hospital Sector Performance Shows Gradual Improvement Publication date: 19-Jul-2010 Primary Credit Analysts: Suzie Desai, Chicago (1) 312-233-7046; suzie_desai@standardandpoors.com...

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Commentary

Sector:

Public Finance

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