Moody's reports question health of health-care industry
8:13 AM
indigo
Moody's changed outlook for health care industry from "stable" to "negative" in a report this week, according to the Chicago Tribune. Moody's is bearish on hospitals, which face weakening demand and a credit crunch. Moodys is also bearish on health plans, which the company notes are dependent on Medicare Advantage which is likely to be trimmed, and which tend to have lower earnings in Democratic administrations. Another party questioning whether health care is really recession-proof.