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Thursday
May102012

Central Washington Hospital Bond Rating Downgraded

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.