TITLE

Methodist Gets Stable

AUTHOR(S)
Carvlin, Elizabeth
PUB. DATE
December 2004
SOURCE
Bond Buyer;12/22/2004, Vol. 350 Issue 32035, p31
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Standard & Poor's Corp., has revised its outlook to stable from negative for bonds issued on behalf of Methodist Hospitals Inc. The revision has been made through the Indiana Health Facility Financing Authority. The agency affirmed the A-plus rating for the outstanding Series 2001 hospital revenue bonds. Analysts cited the negative operating and bottom-line results for fiscal 2002 and 2003 as the major factor in the outlook change. Analyst Antionette Maxwell said that the system's operations appear to be "in the midst of a turnaround" under new managers.
ACCESSION #
15458128

 

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