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

(By – Henry 

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…


Notice: The “Read more…” link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or