S&P lowers Louisiana hospital district’s rating to ‘B’

S&P Global Ratings lowered its long-term rating for Jefferson Parish (La.) Hospital Service District No. 2 from “B+” to “B.”

Advertisement

The district operates East Jefferson General Hospital, and the rating downgrade reflects the hospital’s continued operational challenges and unsustainable financial trajectory.

The rating outlook is negative.

More articles on healthcare finance:

Hospital prices differ at facilities only miles apart, California analysis shows
For-profit hospital stock report: Week of Jan. 21-25
3 cost containment strategies from hospital CFOs

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.