A recent report by Moody's Investors Service has found that in the last five years, the number of hospital credit downgrades has outpaced the number of hospital credit upgrades, according to a report by the Healthcare Financial Management Association.
In 2010, 44 hospitals received downgrades, while 40 were upgraded. Comparatively, in 2005, 42 hospitals received downgrades and 46 received upgrades.
Moody's expects downgrades to out number upgrades through 2011.
Read the HFMA report on hospital credit ratings.
Read more coverage on hospital credit ratings:
- Moody's: Negative Outlook for Non-Profit Hospitals for Next 12-18 Months
- Moody's Says FY 2011 Medicare Cuts Will Hurt Non-Profit Hospitals
In 2010, 44 hospitals received downgrades, while 40 were upgraded. Comparatively, in 2005, 42 hospitals received downgrades and 46 received upgrades.
Moody's expects downgrades to out number upgrades through 2011.
Read the HFMA report on hospital credit ratings.
Read more coverage on hospital credit ratings:
- Moody's: Negative Outlook for Non-Profit Hospitals for Next 12-18 Months
- Moody's Says FY 2011 Medicare Cuts Will Hurt Non-Profit Hospitals