Thursday
May102012
Central Washington Hospital Bond Rating Downgraded
Thursday, May 10, 2012 at 2:55PM
According to the Wenatchee World, bond rating agencies Moody's and Fitch have downgraded Central Washington Hospital's bond rating. The revised ratings are Moody's Baaa3 and Fitch BBB-. These ratings are the lowest category for "moderate-risk" bonds.
Although Central Washington Hospital says that it doesn't anticipate taking on additional bond debt over the next 5 years, this downgrade is certainly a concern for the future of both Central Washington Hospital and greater north central Washington as a whole.