Why & How Hospitals Are Diversifying

For hospital executive teams, the latest news from Fitch Ratings might not be much of a surprise—"operating margins have declined across the board for the entire rating spectrum of hospitals" (see Fitch Ratings: Operating Margins Remain Under Siege For U.S. NFP Hospitals). Fitch noted, "Median profitability levels dropped, with median operating and operating EBITDA margins of 1.9% and 8.5%, respectively, compared with 2.8% and 9.5%, respectively, the prior year."

This comes on the heels of the news that approximately 8% of U.S. hospitals are at risk for closure and another 10% show weak . . .