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Medieval butcher shop in Europe.
A Fitch Ratings report says that President-elect Donald Trump’s stated intention to dismantle the Affordable Care Act will hurt the credit ratings of hospitals and health systems.
Fitch says that the ACA has helped hospitals by sending them higher volumes of insured patients, which would drop if the ACA is repealed or dramatically changed.
Fitch also noted that repeal could slow the transition to value-based payment models and cause fewer people to keep prescription coverage, which would, of course, hurt the pharmaceutical industry.
To read the Fitch report, please hit this link.
