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Article: S&P: Tech Spending Could Be Major Factor for Health Credits.
- Article from:
- The Bond Buyer
- Article date:
- May 15, 2008
- Author:
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CHICAGO -- The ability to invest in cutting-edge medical technology will play an important role in the competitive health care market as the disparity grows between smaller, speculative-grade facilities and larger, higher-rated systems, say analysts at Standard & Poor's in a recent report.
The ability to spend money is increasingly important in the health care industry and hospitals with triple-B or lower ratings are more likely than higher-rated facilities to cut capital spending in the face of other financial pressures, said analysts Cynthia Keller Macdonald and Martin Arrick in the report, "Costly Medical Technology May Add a Further Wedge Between ...