Moody’s downgrades Good Samaritan Hospital rating to ‘Baa1’

Moody’s Investors Service downgraded the revenue bond rating of Vincennes, Ind.-based Good Samaritan Hospital from “Baa3” to “Ba1.”

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The rating reflects a high degree of operating variability and expected cash flow problems due to an unfavorable payer mix and declining volumes. Moody’s expects a meager cash flow will limit the prospects for meaningful liquidity growth.

The outlook has been revised from negative to stable.

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