Moody’s places Presence Health’s ‘Baa2’ rating on review for downgrade

Moody’s Investors Service has placed Chicago-based Presence Health’s “Baa2” rating on review for downgrade, affecting approximately $503 million of debt.

Advertisement

The review will focus on Presence Health’s quality of earnings and demonstration of internal accounting processes.

More articles on healthcare finance:
Medicare payment overhaul proposal draws opposition from industry stakeholders
Sutter Health sees net income fall 80% in 2015
Anthelio Healthcare awarded top HIM outsourcing company by Black Book

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.