November 7, 2012 / 7:56 PM / 5 years ago

Obama's re-election neutral for non-profit hospitals-Moody's

NEW YORK, Nov 7 (Reuters) - Moody's Investors service announced on Wednesday that the re-election of President Barack Obama was credit neutral for not-for-profit hospitals.

The rating agency said that the so-called "individual mandate" -- part of the Patient Protection and Affordable Care Act -- now has greater chance of being implemented.

But they added that the reform remained a net negative overall for not-for-profit hospitals, "which Moody's captures in its current negative outlook for the sector".

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