Jul 21, 2024

Jackson Hospital in Montgomery

 


Moody's Investor Service downgraded Jackson Hospital, one of 15 hospitals or systems to be so downgraded in 2024:

Moody's downgraded Montgomery, Ala.-based Jackson Hospital & Clinic's rating to "Caa2" from "B1." Its outlook remains negative. Moody's said the downgrade reflects its projection of Jackson's "deteriorated cash flow and financial position which has resulted in failure to make rental payments."

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