S&P Global Ratings has revised the outlook to negative from stable and affirmed the "BB" long-term rating on Metairie, La.-based East Jefferson General Hospital's $155 million of series 2011 bonds.
"The outlook revision reflects our view of EJGH's heightened operating losses in fiscal years 2014 and 2015 along with some weakening of unrestricted reserves," said S&P analyst Suzie Desai.