The rating withdrawal is in connection with the conversion of the bonds from the windows mode to the weekly rate mode and the delivery of a T.D. Bank, N.A. LOC supporting the bonds.
Despite ongoing pandemic-related disruptions, New York's hospitals bounced back financially in 2021, posting their strongest balance sheets in five years or more.
The nearly 50-year-old hospital, built in 1974, runs the risk of closure every day due to outdated utilities. And if they do conk out, elective and trauma surgeries will end and the hospital runs the risk of losing its Level 3 Trauma Designation, which requires at least one operating room to always be available to provide emergency surgeries.
People in Indiana could save up to $2 billion dollars in health care costs if non-critical access, non-profit hospitals lower their prices to the national average, according to a new analysis by the Employers Forum of Indiana.