Moody's news from FierceHealthFinance
News
Moody's: Not-for-profit hospital operations worsened in 2008
Moody's was already down on not-for-profit hospitals last November when it revised its outlook on the sector from stable to negative. Now, with the full report out on 2008, Moody's pessimism has been... Read more...
NJ system may default on bonds
A six-hospital system has told investors that due to weak financial results in 2008, it may default on $768.4 million in bonds. This follows a recent uptick in downgraded hospital bond ratings, which... Read more...
Bad credit news for non-profit hospitals continues
It seems like not-for-profit hospitals just can't catch a break when it comes to bond issues. The latest pain to afflict such bond holders comes from the squeeze placed on them by changes in the... Read more...
Non-profit finances deserve second look
Looked at one way, it's easy to see why an agency like Moody's would be less than enthusiastic about the financial prospects of not-for-profit hospitals. Just consider what's going on in many... Read more...
