Down another notch

Down another notch

The turnaround at 3-hospital St. Francis Health System, Pittsburgh, still has a ways to go. After suffering a 4-notch rating downgrade a year ago, the system's bond rating fell again earlier this month when Moody's Investors Service dropped it one more notch to Ba3 to Ba2. The noninvestmen...

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Veröffentlicht in:Modern Healthcare 2001-05, Vol.31 (21), p.29
1. Verfasser: Bellandi, Deanna
Format: Artikel
Sprache:eng
Schlagworte:
Bond ratings
Hospitals
Ratings & rankings
Turnaround management
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Beschreibung
Zusammenfassung:The turnaround at 3-hospital St. Francis Health System, Pittsburgh, still has a ways to go. After suffering a 4-notch rating downgrade a year ago, the system's bond rating fell again earlier this month when Moody's Investors Service dropped it one more notch to Ba3 to Ba2. The noninvestment-grade rating affects about $100 million in outstanding debt.
ISSN:0160-7480
1944-7647