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Classical economics suggests that healthcare enjoys a unique status as an industry--that it's essentially recession-proof given the constant and sometimes rising demand for healthcare services. But... Read more...
Despite a negative outlook for Pittsburgh-based West Penn Allegheny, Moody's Investors Service maintained the health system had a Bb3 rating. Moody's lowered the health system's credit after news of... Read more...
Moody's Investors Services has announced that it plans to adopt a revised rating scale for municipal bonds, which could raise healthcare credit ratings by an average of one notch. The agency plans to... Read more...
Despite the subprime mortgage-fueled financial markets meltdown, ongoing problems in the U.S. economy and ongoing pressure on margins, things weren't too bad for not-for-profit hospitals in 2007... Read more...
In 1998, the U.S. healthcare industry saw what was, at that time, the biggest bankruptcy filing ever by a not-for-profit health system. Allegheny Health & Education Research Foundation, a $2... Read more...