Independent Hospitals Innovating, Finding New Partnerships in Response to Market Pressures

Independent Hospitals Innovating, Finding New Partnerships in Response to Market Pressures

Sep 08, 2014

Article

Brownstein Client Alert, September 8, 2014

Standard & Poor’s (S&P) Rating Services recently warned the health care sector was at “a tipping point where negative forces have started to outweigh many providers’ ability to implement sufficient countermeasures.” S&P noted that for the past year, credit downgrades increasingly exceeded credit upgrades. Stand-alone providers are facing physician departures, rising bad debt, and higher employee benefit costs, all at a time when regulatory compliance requirements and technology upgrades also require significant attention.

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