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Moody's: It doesn't look like things will get much better for nonprofit hospitals in 2019

December 04, 2018 / Tina Reed

With a report earlier this year showing nonprofit hospitals on an "unsustainable path" as expenses outstripped revenue, this year hasn't been great for nonprofit hospitals. Now, a new report from Moody's Investors Service doesn't project great news for 2019, either. Why? Analysts point to soft revenue growth, weak inpatient volumes and single-digit reimbursement increases in the coming year. They did, however, point to some signs of improvement: Expenses are expected to drop in the coming year. “The not-for-profit healthcare outlook remains negative amid some glimmers of stability,” Diana Lee, a Moody's vice president, said in a statement. “While expense growth will slow in 2019, we expect it to still exceed revenue growth.”