The downgrade is a result of several factors including ETMC’s quick financial depreciation, increased competition, challenges navigating payer shifts and under utilization of its network of rural hospitals.
The bonds have been placed on Rating Watch Negative.
More articles on healthcare finance:
Municipal hospital bonds see gains as ACA repeal lags
Vendors threaten to cut off Illinois critical access hospital as budget impasse continues
6 largest gifts from individuals to healthcare organizations in 2017
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
