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Sat, 12 Jul 2008
Ratings drop as hospitals bleed from bottom line
The reports came within days: Standard & Poor’s Ratings Services dropped their ratings on $10.6 million of 1994 Westerly Hospital bonds to “BB-” from “BB”; Fitch Ratings downgraded $18.6 million worth of 1999 bonds from St. Joseph Health Services of Rhode Island to “BB” from “BBB-”; and Landmark Medical Center got a court-appointed special master to try to avert receivership and possible closure.
Read more here
posted at: 12:01am on 12-Jul-2008
path: /Rhode_Island_USA | permalink
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