August 18, 2022
  • Fitch Ratings released its midyear report for nonprofit hospital, adjusting its outlook from “neutral” to “deteriorating.” Fitch said that although the industry anticipated the macro headwinds of labor pressures and high inflation going into 2022, they have been more pronounced than expected. In a press release, the rating agency noted, “Even if macro inflation cools, labor expenses may be reset at a permanently higher level for the rest of 2022 and likely well beyond.” (Report here)