Articles > Popular publications > PR Newswire press releases > October-December 1990 > Wednesday, October 3

Article: Hospital bond ratings are down again in third quarter; 13 downgrades versus five upgrades. (Moody's Investors Service Inc.)

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PR Newswire
Article date:
October 3, 1990
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HOSPITAL BOND RATINGS ARE DOWN AGAIN IN THIRD QUARTER;

13 DOWNGRADES VERSUS FIVE UPGRADES

NEW YORK, Oct. 3 /PRNewswire/ -- The downward trend of hospital bond ratings was not changed for the third quarter of 1990 as Moody's lowered 13 hospital revenue bond ratings compared to only five upgrades. With these third quarter results, Moody's announced today, it has downgraded 31 hospital bond ratings and upgraded 12 for the first three quarters of this year. The rating decline reflects continued pressures on hospitals from government and private insurance carriers and from competition as hospitals struggle to meet service demands in the ... 







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