Charity Bill Warnings

Shields, Yvette
March 2006
Bond Buyer;3/22/2006, Vol. 355 Issue 32344, p35
Trade Publication
The article reports that a proposed bill requiring tax-exempt hospitals to provide a minimum level of charity care could hurt hospitals' financial strength, affect ratings and access to the capital markets in Illinois according to Standard & Poor's. Evidence suggests that hospitals in the country could have a more difficult time getting bond insurance.


Related Articles

  • Moody's, S&P Share Concerns, Not Outlook on Ohio's UHHS. Carvlin, Elizabeth // Bond Buyer;8/24/2004, Vol. 349 Issue 31954, p4 

    Reports on the rating of Moody's Investors Service Inc. and Standard & Poor's Corp. to the University Hospitals Health System (UHHS) in Ohio. Changes in the outlook on UHHS; Effect of the ratings on outstanding debt and revenue bonds; Status of the overall cash of the health system.

  • A Hospital's Stability. Shields, Yvette // Bond Buyer;7/21/2004, Vol. 349 Issue 31930, p27 

    Reports on Standard & Poor's revision of North Country Health Services' bond ratings after the Minnesota hospital improved its operating performance in 2004.

  • N. Dakota Hospital Downgraded by S & P.  // Bond Buyer;11/24/2003, Vol. 346 Issue 31768, p2 

    Reports on the decline in the ratings of the health care revenue bonds for St. Alexius Medical Center by Standard & Poor's Ratings Services in Bismarck, North Dakota.

  • S&P downgrades debt sold by three New Jersey hospitals. Hoffman, David // Bond Buyer;10/20/99, Vol. 330 Issue 30751, p4 

    Reports that Standard & Poor's Corp. has downgraded approximately 100 million dollars of outstanding debt for three New Jersey hospitals. Adaptation of New Jersey hospitals to a new rate system; Problems with managed care; State facilities' reluctance to consolidate.

  • Northwestern Hosp. Raised To AA+ by S&P.  // Bond Buyer;04/19/2000, Vol. 332 Issue 30874, p2 

    Reports that Standard & Poor's Corp. has raised its long-term rating on Illinois Health Facilities Authority's bond issue for Northwestern Memorial Hospital in Chicago.

  • S&P Cuts Hillsboro, Ore., HFA Refunding.  // Bond Buyer;06/28/2000, Vol. 332 Issue 30922, p2 

    Informs that Standard & Poor's is cutting the rating on Hillsboro, Oregon-based Hospital Facilities Authority's refunding bonds. Factors for the downgrade.

  • S&P Takes Chicago's Mercy Hospital Off Default After Late Payment Made. Shields, Yvette // Bond Buyer;3/16/2004, Vol. 347 Issue 31842, p28 

    Reports that Standard & Poor's Corp. has removed Chicago, Illinois-based Mercy Hospital and Medical Center's rating on $62 million bonds from the default category after the hospital made good in February 2004 on a principal debt service payment it owed. Outlook to the rating; Financial profile...

  • Hospital Goes Negative. Schroeder, Peter // Bond Buyer;8/9/2007, Vol. 361 Issue 32688, p9 

    The article reports on the adjustment of ratings outlook by Standard & Poor for Fauquier Hospital to negative from stable in Fauquier County, Virginia. The hospital's Series 2002 revenue bonds were addressed by the change in outlook. Shortcomings in financial performance through the first half...

  • Nanticoke Health Downgrade. Kaske, Michelle // Bond Buyer;7/3/2006, Vol. 357 Issue 32415, p35 

    The article reports on Standard & Poor's Corp.'s downgrade of hospital and revenue refunding bonds issued for Nanticoke Health Services by the Delaware Health Facilities Authority. Rating was lowered to BBB-plus from A-minus, keeping a negative outlook on the debt. Following the downgrade,...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics