The recent growth in the number of uninsured Americans could be especially harmful to non-profit hospitals and health systems, according to S&P Global Ratings.
As reported by Healthcare Dive, S&P believes that because non-profit hospitals serve larger proportions of uninsured patients, they are more vulnerable to increases in the number of uninsured people. Healthcare Dive also notes that
In particular, S&P warns of a credit negative for nonprofits as patients who started in a care plan with health insurance seek to continue treatment without it. Many hospitals already are struggling as volumes and reimbursement decline and more care shifts to outpatient settings.
Learn more about some of the challenges non-profit hospitals may soon face in this Healthcare Dive article.