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Moody's: House healthcare bill would hurt states, hospitals

Moody’s: House healthcare bill would hurt states, hospitals

Moody’s Investors Service on Friday said that the House Republicans’ healthcare bill would negatively affect the credit of states, for-profit hospitals, pharmaceutical companies and medical-device companies. States would take a hit because the legislation “creates a new Medicaid cost-sharing formula that shifts a greater share of Medicaid expenditures to states,” the credit rating agency said in a report. The bill, which is expected to receive a House floor vote next week, would fund Medicaid o…
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