Economy, budget woes threaten non-profit hospitals: Moody’s

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Economy, budget woes threaten non-profit hospitals: Moody’s

Reuters – The number of rating downgrades for non-profit hospitals outpaced upgrades in the first quarter of 2012, Moody’s Investors Service said on Monday, adding it remains cautious about the effects of a slow economic recovery, federal deficit cutting measures and state budget pressures on the sector. The ratio of downgrades to upgrades was 1.33 to 1, Moody’s said. Read article

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