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Moody’s predicts health system-insurer rate clashes

Posted On: Jan. 12, 2023 9:46 AM CST

In the coming year, health systems and hospitals are likely to clash with insurers over desired rate increases to offset higher expenses and providers will look to increase their revenue as much as possible by bargaining for higher rates, according to credit rating agency Moody’s Investor Service Inc., reports Healthcare Dive. Even though insurers have fared better than their provider counterparts, companies are still expected to face some headwinds this year, says Fitch Ratings, which issued a neutral 2023 outlook for the insurance sector.