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.

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“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.

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