Losing Patients and Losing Money, Pittsburgh Health System Downgraded

Higginbotham, Stacey
April 2001
Bond Buyer;4/23/2001, Vol. 336 Issue 31123, p-37
Trade Publication
Reports that rating agency Moody's Investors Service Inc. downgraded Pittsburgh, Pennsylvania-based Saint Francis Health Care Services from a Ba2 to a Ba3 with a negative outlook affecting $100 million in outstanding debts. Reasons given by Moody's for the downgradation; Bonds that are affected by the downgradation; Operating loss reported by the health care service provider in 2000.


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