Changes to healthcare policy under President Donald Trump could negatively impact the credit ratings of a broad array of healthcare companies, including providers, payers, pharmaceutical companies and medical device firms, according to a new report from Fitch Ratings. Providers and payers would be most impacted by possible cuts to Medicaid, according to the report. Absolute federal funding cuts that are not offset by increased state spending would be the most damaging to providers, Fitch said. Insurers could feel downstream effects of Medicaid cuts if hospitals seek to hike payment rates for privately insured patients in an effort to mitigate the costs of providing care for more uninsured patients.
Read the full article: Trump Administration Policies Could Create Headwinds Across Healthcare: Fitch //
Source: https://www.healthcaredive.com/news/trump-administration-policies-create-headwinds-healthcare-fitch-ratings/741414/