Fitch also downgraded the rating to “A-” from “A” on LMH’s $47.9 million of series F bonds.
The downgrade is based on several factors, including LMH’s continued operating losses.
More articles on healthcare finance:
Medicare Advantage pays hospitals less than traditional program: 5 findings
50 hospitals, health systems with interest-free loan programs
Fitch downgrades Community Health Systems’ rating to ‘B’
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