Home Health & Hospice Week
Wall Street is taking notice of the big
Published on Tue Oct 19, 2010
Wall Street is taking notice of the big cuts coming down the pike for home care providers.Tens of billions of dollars in Medicare cuts are facing home health agencies and DME suppliers, Moody's Investors Service says in a new report. "There are more cuts to come, and sectors that are continuing to earn high profit margins, or grow very quickly, will be the most targeted in the future," Moody's analyst Jessica Gladstone told Bloomberg News. Expect the cuts to spur industry consolidation, Gladstone said.
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Home Health & Hospice Week
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