S&P revises Montrose Memorial Hospital’s outlook to negative

S&P Global Ratings affirmed its “BBB-” rating on Montrose (Colo.) Memorial Hospital’s series 2003 bonds.

Advertisement

The outlook was revised to negative from stable.

“The outlook revision reflects our view of MMH’s weakened operating performance in 2016 and through interim 2017, with operations sharply turning negative, as well as the hospital’s potential debt plans,” said Ashley Henry, an S&P Global Ratings credit analyst 

More articles on healthcare finance:
Why Harvard’s $37B endowment is at risk of mediocrity
12 hospitals seeking RCM talent
Irving family presents record $700M bequest to NewYork-Presbyterian, Columbia University

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

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.