S&P revises Nash Health Care Systems’ outlook to negative

Standard & Poor’s Ratings Services has revised the outlook to negative from stable and affirmed the “A-” long-term rating on Rocky Mount, N.C-based Nash Health Care Systems’ series 2012 bonds, affecting $68.9 million.

Advertisement

“The outlook revision reflects our view of Nash’s higher-than-expected operating losses in fiscal 2015 and fiscal 2016 to date,” said S&P credit analyst Allison Bretz.

More articles on healthcare finance:
IU Health gets financial boost from health plan revenue
Do GPOs drive up healthcare costs? 1 senator wants to know
Fitch: DOJ billing probes, bundled payments pressuring SNF margins

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.