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
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
