With COVID-19 raging, American hospitals have already had a challenging year as the pandemic has hurt revenues and depressed volumes of elective patient procedures.
Depending on who fills Ruth Bader Ginsburg's vacancy in the Supreme Court of the United States, hospital revenues could take another hit, according to Fitch Ratings.
If the court strikes down the Affordable Care Act in a pending decision regarding the severability of the individual mandate, hospitals would see fewer insured patients and lower reimbursement rates, which would negatively affect their revenue, according to Fitch.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
