Tough labor market holds Fitch's nonprofit hospital outlook at 'deteriorating'
Fierce Healthcare
DECEMBER 5, 2023
Nonprofit hospitals will continue to operate under a cloud of labor supply shortages and “pressured” margins into 2024, setting the coming 12 months up as another “make or break year” for the secto | Fitch Ratings' pessimistic 2024 outlook highlighted labor shortages, an uptick in union activity and potential second year of debt service covenant violations.
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