- Published: May 2012
- Region: United States
Summary: Montana Facility Finance Authority Kalispell Regional Medical Center; Hospital Jan 12
- Published: January 2012
- Region: Montana
- Standard & Poors
Standard & Poor's Ratings Services lowered its rating to 'A-' from 'A' on the Montana Facility Finance Authority's series 2010 revenue bonds issued on behalf of Kalispell Regional Medical Center (KRMC). The outlook is stable. The rating action reflects our assessment of a weakening in Kalispell's financial profile including thinner operational liquidity, which declined from a level that we had already considered somewhat low. In addition, Kalispell's operating performance weakened in fiscal 2011 and year-to-date in fiscal 2012, though the year-to-date period has shown what we consider good improvement from prior year. Also, we believe that the decline in these financial metrics paired with a general strengthening in metrics for many hospitals in the sector has also widened the gap...
Companies mentioned in this report are: Kalispell Regl Med Ctr,Montana Fac Fin Auth
Action: Outlook: Stable
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Kalispell Regl Med Ctr,Montana Fac Fin Auth