The downgrade reflects the hospital’s weakened operating and financial profiles, along with its inability to return to full operations in the wake of Hurricane Maria.
The rating outlook is stable.
More articles on healthcare finance:
‘Medicare for All’ would reduce hospital operating margins by more than 20 percent, analysis finds
8 Vermont hospitals report negative operating margins in FY 2018, review shows
The top financial pressures facing healthcare organizations: 5 leaders discuss
