Industry | 2009.10.15
Fitch: U.S. For-Profit Hospitals' Robust Credit Strength May Not Last for Long-Term
CHICAGO--(BUSINESS WIRE)--The overall credit profile of the U.S. for-profit hospital industry has strengthened considerably over the past 12 months in spite of the recession and significant uncertainty over healthcare reform, but strong credit metrics may not be sustainable for the long-term, according to Fitch Ratings. In a special report on variance analyses of Fitch\'s rated hospital companies, Fitch says free cash flow (FCF), EBITDA, and leverage have all reached their best levels in several
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