Hospital CFO Ed Clayton stated the hospital issued $40 million in bonds in 2003. Since then, $10.8 million has been paid, $16 million was refinanced in March and $13.2 of the initial issue remains, according to the report.
Related Articles on Hospital Bonds:
8 Issues for Hospitals to Consider Before an Integration or Sale
Knox Community Hospital in Ohio to Pay Off Two Bond Issues
Moody’s Downgrades West Penn Allegheny’s Bond Rating to Caa1
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