After last week's Georgia runoff election gave the Democrats two seats in the Senate, the party will control both houses of the US Congress.
Fitch Ratings says this outcome should provide the US corporate healthcare sector with better clarity around potential legislative changes. With slim control of the Senate, legislation will need to either be centrist enough to garner bipartisan support or narrow enough in scope that it can be passed with a simple majority rather than 60 votes in the Senate. Fitch says sector-wide rating actions stemming from changes to healthcare policy are unlikely.
Overall, Fitch's outlook is stable for the healthcare sector. It views the odds of transformational changes in healthcare legislation as unlikely and expects the operating environment to be mostly supportive of issuers' credit profiles over the next several years.
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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.
