US hospitals face turbulence; state and local government outlooks are stable

Moody's Talks - Muniland

Kendra Smith of the US Public Finance team discusses why a nursing/labor shortage and difficulties with insurer reimbursement contribute to our negative outlook for the healthcare sector. Plus, Tim Blake and Leonard Jones weigh in on solid tax revenue growth during the pandemic playing a leading role in the stable outlooks for states and local governments.

Related content on Moodys.com (some content only available to registered users or subscribers):

• Not-for-Profit and Public Healthcare – US: 2022 outlook negative as labor costs drive expense growth higher
• Higher Education – US: 2022 outlook stable as emergence from remote learning supports revenue growth
• States – US: 2022 outlook stable as fiscal momentum set to offset lingering economic risks
• Local Government – US: 2022 outlook stable with solid revenue growth and influx of federal aid