Montana Medical Ctr Gets Negative Outlook

January 2005
Bond Buyer;1/6/2005, Vol. 351 Issue 32044, p2
Trade Publication
The article reports that Standard & Poor's Corp. has said it revised its outlook to negative from stable on Community Medical Center (CMC)'s outstanding debt issued by the Montana Health Facilities Authority. In addition, Standard & Poor's affirmed its BBB-minus rating on CMC's debt. The outlook revision reflects poor financial performance in fiscal 2004, said Standard & Poor's analyst Cynthia Keller Macdonald. However, CMC's new management is committed to improving operations and there appear to be ample opportunities to make cuts.


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