Moody's Investors Service has affirmed Doylestown (Pa.) Hospital's outlook to negative from stable.
Moody's also affirmed Doylestown's "Baa2" ratings, affecting $60.6 million of rated debt. The rating affirmation is based on several factors, including Doylestown's strong market position and proactive management team.
The rating revision is based on Doylestown's recent weaker-than-expected operating performance, which exacerbates its investment losses.
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