The negative rating watch is based on a number of factors, including the medical center’s failed attempt in August 2016 to obtain a $55 million general obligation bond issuance by the county to finish construction on a building that broke ground in 2012.
More articles on healthcare finance:
S&P places MetroHealth System’s ‘A-‘ bonds on CreditWatch
S&P lowers North Oaks Health System’s rating to ‘BB+’ on select bonds
Fitch assigns ‘AA-‘ rating to University Medical Center of El Paso’s bonds
Register to Attend Webinar
Presenters:
Christopher Kerns, Union Healthcare Insight|Eric Fontana, Union Healthcare Insight|Ben Gerber, WVU Medicine
Next Up in Financial Management
-
The executive in charge of the hospital revenue cycle used to run what many health systems treated as a back-office…
-
Five Democratic governors have asked HHS Secretary Robert F. Kennedy Jr. to delay the Jan. 1, 2027, compliance date for…
-
Chief transformation officers occupy one of healthcare’s most demanding and most consequential leadership roles. They not only envision a better…
Join the 500,000+ healthcare executives who start their day with Becker's
Becker's Hospital Review Newsletter is sent Monday–Sunday.
