The ratings reflect the authority’s significantly weakened financial position, narrow liquidity and negative operating margins for the Monroeville, Ala.-based Monroe County Hospital it operates.
The rating outlook is negative.
More articles on healthcare finance:
A recession is coming: What it could mean for healthcare
CHS expects $900M gain from hospital divestitures in 2019
Pennsylvania hospital employees work without pay
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit