Lake Regional Health System, MO Outlook Revised To Negative On Operating Deficit - S&P Global Ratings’ Credit Research

Lake Regional Health System, MO Outlook Revised To Negative On Operating Deficit

Lake Regional Health System, MO Outlook Revised To Negative On Operating Deficit - S&P Global Ratings’ Credit Research
Lake Regional Health System, MO Outlook Revised To Negative On Operating Deficit
Published Dec 03, 2013
Published Dec 03, 2013
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Abstract:

NEW YORK (Standard&Poor's) Dec. 3, 2013--Standard&Poor's Ratings Services revised its outlook to negative from stable and affirmed its 'BBB+' long-term rating on Missouri Health&Educational Facilities Authority's $22.2 million series 2012 and $23.9 million series 2010 fixed-rate revenue bonds, issued for Lake Regional Health System (LRHS), formerly known as Lake of the Ozarks General Hospital. The series 2012 bond proceeds refunded the series 2003 bonds. "The negative outlook reflects our view of LRHS's deficit operations, which was well below budgeted operating performance in fiscal 2013, as well as weak, albeit improved, unaudited operating results in the six-month interim period of fiscal 2014, ended Oct. 31, 2013," said Standard&Poor's credit analyst Stephen Infranco. "The

  
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Ratings Action

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Lake Regional Health System, MO Outlook Revised To Negative On Operating Deficit" Dec 03, 2013. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Lake-Regional-Health-System-MO-Outlook-Revised-To-Negative-On-Operating-Deficit-1223343>
  
APA:
S&P Global Ratings’ Credit Research. (). Lake Regional Health System, MO Outlook Revised To Negative On Operating Deficit Dec 03, 2013. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Lake-Regional-Health-System-MO-Outlook-Revised-To-Negative-On-Operating-Deficit-1223343>
  
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