S&P revises East Jefferson General Hospital’s outlook to negative

S&P Global Ratings has revised the outlook to negative from stable and affirmed the “BB” long-term rating on Metairie, La.-based East Jefferson General Hospital’s $155 million of series 2011 bonds.

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“The outlook revision reflects our view of EJGH’s heightened operating losses in fiscal years 2014 and 2015 along with some weakening of unrestricted reserves,” said S&P analyst Suzie Desai.

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