Moody’s cuts Mount Sinai Hospital credit rating near ‘junk’
A major ratings agency on Wednesday downgraded Mount Sinai Hospital’s credit rating to near “junk bond” levels, citing problems at the Beth Israel Hospital system, a major New York health care giant. Moody’s Investors Service cut Mount Sinai’s ratings to Baa3 from Baa1, the lowest investment-grade level but still above a so-called “junk” rating that […]