Despite projections for a weak 2007, Moody’s Investors Service conceded that nonprofit hospitals were fairly stable last year, despite the subprime mortgage-fueled financial markets meltdown, ongoing problems in the U.S. economy and continuous pressure on margins, Fierce HealthFinace reports.
But gone are the ubiquitous 5 percent to 6 percent margins. As Via Christi Health System can attest, just staying near the 2 percent mark is a coup these days.