Fitch Ratings April 22, 2020
U.S. Healthcare companies should be less affected by the coronavirus pandemic and its influence on U.S. consumers’ behavior than other corporate sectors as demand is less economically sensitive and often times is not discretionary. However, certain healthcare industry segments are more exposed than others. Because of the idiosyncratic nature of business models and the varying degrees of exposure to the consumer, companies will exhibit very different top-line growth trajectories during and following the coronavirus-related business disruption. Pocket of Concern in Healthcare Services Healthcare service providers are experiencing the worst business disruption. This...