>Moody’s: Hospital Downgrades Outpace Upgrades Over Last Five Years
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.
