TITLE

As Pension Plans Falter, Ratings Take a Beating

AUTHOR(S)
Haugh, Richard
PUB. DATE
March 2003
SOURCE
H&HN: Hospitals & Health Networks;Mar2003, Vol. 77 Issue 3, p18
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Discusses issues on an impending crisis to U.S. hospitals, concerning a threat to their pension fund assets due to declining stock values in 2002. Details of the pension fund assets in stocks of the Cleveland Clinic as of January 2003; Information on the S&P rating given to top credit Advocate Health Care of Oak Brook, Illinois; Action taken by U.S. President George W. Bush's administration in response to the crisis.
ACCESSION #
9309186

 

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