NEW YORK--(BUSINESS WIRE)-- The operating margins of U.S. non-profit hospitals are vulnerable to possible cuts to Medicare reimbursement, according to Fitch Ratings, which will be discussing the development in more detail during a conference call to take place this afternoon at 1 p.m. ET.
Lower-rated hospitals are at heightened risk because of their larger Medicare exposure, smaller operations and lower operating margins, according to Fitch's analysis, which is discussed in greater detail in a special report released yesterday.
Senior Director James LeBuhn will expand on the rating agency's analysis during the call along with Director Adam Kates. Prepared remarks will last approximately 15-20 minutes and be immediately followed by a brief Q&A session.
Dial-in details are attached below:
-- +1-877-819-0869 (U.S./Canada);
-- +1-706-902-0405 (outside U.S.);
-- Conference ID: #28566262.
The full report 'Impact of Potential Medicare Cuts on Nonprofit Hospitals' is available at 'www.fitchratings.com' or by clicking on the below link.
Additional information is available at 'www.fitchratings.com'
Applicable Criteria and Related Research:
Impact of Potential Medicare Cuts on Nonprofit Hospitals
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=655433
ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.
CONTACT:
Fitch Ratings
Jim LeBuhn
Senior Director
+1-312-368-2059
Fitch, Inc., 70 West Madison Street, Chicago, IL 60602
or
Adam Kates
Director
+1-312-368-3180
or
Media Relations
Sandro Scenga
+1-212-908-0278
[email protected]
KEYWORDS: United States North America New York
INDUSTRY KEYWORDS: Health Hospitals Professional Services Finance Insurance
MEDIA: