Moody’s Investors Service’s review of the ratings resulted from this spring’s merger between Orange, N.J.-based Barnabas Health and Robert Wood Johnson University Hospital, which had flagship campuses in New Brunswick, N.J., and Somerset, N.J.
The short-term “VMIG 1” rating on the bonds remains unchanged.
More articles on healthcare finance:
OIG audit identifies $359M in unneeded Medicare spending on chiropractic care for 2013
Full-page ad bashes CHS-owned hospital over billing, quality
Massachusetts hospital to cut patient transport services, reduce costs
