Tuesday, December 6, 2016

Fitch Ratings downgrades University of Maryland Medical System outlook

Fitch Ratings has downgraded University of Maryland Medical System’s outlook from stable to negative, largely citing the hospital’s plan to acquire Prince George’s County’s cash-strapped Dimensions Healthcare System. In a report released Dec. 1, the New York ratings agency assigned UMMS that negative outlook based largely on the increased risk associated with the health system’s plans to acquire Dimensions and build a replacement hospital in the county. The new hospital project — dubbed the Prince…



from http://www.bizjournals.com/baltimore/news/2016/12/06/fitch-ratings-downgrades-university-of-maryland.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/154128985027

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