The rating reflects Moody’s expectation that the hospital’s top line revenue growth will continue to decline, while any credit strengths are challenged by the hospital’s relatively small operating revenue base in a challenging service area.
The rating outlook has been revised from stable to negative.
More articles on healthcare finance:
2 California hospitals face closure if sale delayed
HCA ups debt sale to $1.5B
Vermont hospital backtracks on questionable bills
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
