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Moody's places Oaklawn Hospital's Ba1 on review for downgrade

By Moody's  
   March 16, 2023

Oaklawn Hospital's Ba1 rating has been placed under review for downgrade, due to the hospital's decline in operating performance over the last several months.  Losses in recent months will contribute to lower than historical liquidity balances over the near term and may result in Oaklawn violating its debt service coverage covenant for fiscal 2023 (March 31).  

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