Posts Tagged ‘Forrest Health’

Fitch rates Forrest Health ‘A'; outlook is negative

HATTIESBURG — Fitch Ratings has affirmed the ‘A’ rating on Forrest Health, Miss.’s (FH) outstanding debt, listed at the end of this release. The Rating Outlook remains “negative.” SECURITY Debt payments are secured by a pledge of the gross revenues of the obligated group. KEY RATING DRIVERS WEAK OPERATING PERFORMANCE: The maintenance of the Negative […] [...]

Hospital system expects millions in losses from federal cuts

HATTIESBURG — The Forrest Health hospital system is expecting its first red ink since 2007. The projected $2.5 million loss for fiscal 2014 is from federal cuts, including payments for uninsured patients, CEO Evan Dillard told The Hattiesburg American. Forrest General alone is expected to lose $3.7 in such “disproportionate share” payments, he said in […] [...]

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