For-Profit Hospital Operator Sector: 2005 Outlook
- Tags:
- Fitch,
- Hospital Management,
- Microsoft Outlook,
- Sector
- Source:
- Fitch
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Overview: Fitch's 2005 outlook for the for-profit acute care hospital management sector is guarded. 2004 was a fairly spotty year for the for-profit acute care provider sector. Earnings and margins were again pressured throughout the year by trends that emerged in mid-to-late 2003 and are expected to linger into 2005. Specifically, erratic volumes and continued acceleration of bad debt expense contributed to noticeable margin erosion across the sector. On the positive front, however, pricing remained fairly strong and the for-profit sector continued to demonstrate real discipline with regards to controlling costs, especially labor, although supply costs were up due to the introduction of new technologies.
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Format: PDF | Size: 107KB | Date: Jan 2005 | Pages: 7
