Critical access hospitals losing money, but credit ratings safe over political support, Fitch says

(By – Henry Powderlywww.healthcarefinancenews.com) 

Though critical access hospitals will continue to earn less, Fitch Ratings this week said it does not expect the financial struggles to affect these hospitals’ credit ratings due to their near 100 percent reimbursement from Medicare and political support that will stave off any attempt to cut payments.

“Critical access hospitals often enjoy strong bipartisan legislative support that will prevent significant reimbursement changes for the foreseeable future,’ said Fitch Director Emily Wadhwani in a statement. “Additionally, though they are prolific across the country, their enhanced Medicare payments comprise a very small piece of the overall Medicare budget, making them a less likely target for cuts.” Read more…

 

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