The authority includes Monroe County Hospital, and the downgrade reflects its narrow liquidity and negative operating margins as well as its increased debt burden.
The rating outlook is under review with a direction down.
More articles on healthcare finance:
Michigan system seeks $63M in bonds for improvements, debt refinancing
Connecticut’s ACA exchange protests Trump administration’s planned abortion billing regulations
5 recent RCM tips
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
