A bill Massachusetts Gov. Deval Patrick signed Monday limiting increases in health care costs to the pace of growth in the state’s economy is a credit negative to the state’s hospitals, according to Moody’s Investors Service.

“It will limit their revenue growth and reduce their operating flexibility,” Moody’s said

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.