securities

In These States, Hospitals and Patients Could Be in for a Rough Ride

Posted on 09/16/2013 by | Washington Watch | Comments

Bulletin Today | PoliticsHospitals and health-care systems in the 21 states that aren’t expanding Medicaid, the health program for low-income Americans, may be in for an especially rough financial ride. With hospitals in those states facing the prospect of providing even more uncompensated care, Bloomberg.com says, the municipal bonds they put up for sale may very well have diminished appeal. As Bloomberg’s Brian Chappatta explains: “Health-care related bonds are already posting the biggest losses among revenue debt in the $3.7 trillion municipal market, …