Moody's: TennCare Changes Pose Threats to Health Credits

Daulerio, A. J.
February 2005
Bond Buyer;2/25/2005, Vol. 351 Issue 32078, p34
Trade Publication
The article reports that Tennessee's health care insurance plan for the poor, the credit quality of hospitals and health systems all across the state are in potential jeopardy. The report is based on Moody's Investors Service. The rating agency wrote that the reduction of benefits and of participants eligible for coverage under the state's TennCare program could cause a major dent in revenues at the 11 acute-care hospitals. The cost of providing health care through TennCare is increasing at a rate that the state feels is not sustainable in the long run.


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