S&P Double-Downgrades Henry Ford Health System

Carvlin, Elizabeth
April 2002
Bond Buyer;4/17/2002, Vol. 340 Issue 31367, p4
Trade Publication
Reports the rating given by Standard & Poor's due to the losses incurred by Henry Ford Health System Inc. in Detroit, Michigan. Blame thrown by Henry Ford on low Medicare and Medicaid payments; Burden carried by Detroit Medical Center on the care of urban and charity patients; Cost savings and revenue enhancements part of the restructuring plan.


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