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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