Moody’s withdraws ‘A1’ ratings on Mercy Health’s bonds

Moody’s Investors Service has withdrawn Cincinnati-based Mercy Health’s underlying “A1” ratings on the series 2008A and series 2008B bonds, affecting $200 million.

Advertisement

Moody’s has withdrawn the ratings for its own business reasons.

More articles on finance:
Back from the brink of closure: How a California hospital rebounded after 3 years of losses
Study finds bigger price increases at hospital outpatient departments than ASCs
Conn. residents avoiding free preventive services due to cost worries

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.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.