The rating change affects $78,565,000 in taxable bonds.
The short-term “F1” rating is based solely on the irrevocable direct-pay letter of credit provided by Barclays Bank to secure the bonds.
More articles on healthcare finance:
This week’s 5 must-reads for hospital RCM leaders
2017 out-of-pocket healthcare spending grew the fastest in 3 years, Chase report finds
Hospital-acquired conditions cost billions, killed thousands in 2016
