Budgeting
Providers' ratings are supported by ample liquidity, and the expectations are for a long-term volume recovery.
Moody's warns of challenges ahead, due in part to the repayment of Medicare advances, which could lead to less favorable liquidity.
The COVID-19 pandemic has created a volatile environment, and there's a long road ahead to recovery.
Virtual care is keeping revenue flowing in part by improving providers' ability to bill for these services.
Current numbers in Florida are higher than they were in April, adding to staffing and PPE-related expenses.
A number of high-yield healthcare issuers have defaulted since the start of the crisis, and near-term credit risk remains elevated.
The company conservatively projects a loss in revenue for 2020 spanning from a 1% to 45% decline compared to its original estimate for each sector.
For the next three years, every borough except Staten Island is expected to have an increase in spending.
Hospital margins could sink to a median as low as -7% by year's end, and half of all hospitals may be in the red.
Executives spoke about navigating through the pandemic during the Healthcare Financial Management Association Digital Annual Conference.