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Tag Archives: Moody’s Investors Service

Moody’s downgrades Jackson water & sewer debt yet again

Moody’s Investors Service has downgraded to A3 from A2 the rating on the City of Jackson’s water and sewer system revenue bonds, affecting approximately $233.7 million. The outlook remains negative, Moody’s said in a report issued Wednesday. The A2, or Aa, is second on a scale of ratings that start at Aaa and go from there to Aa A Baa ...

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Changes and challenges

Organizations waiting for specific instructions Healthcare financial experts have raised concerns about how non-profit hospitals will be impacted by healthcare reform that will bring difficult challenges of reduced payments while hospitals are also being tasked to improve efficiency. Moody’s Investors Service warns stand-alone community hospitals could suffer, which might force spending cuts and mergers among smaller hospitals after healthcare reform ...

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