Municipal Bond Credit Report: Cash flow, flexibility concerns send an Indiana hospital to junk

Municipal Bond Credit Report: Good Samaritan Hospital of Vincennes, Indiana, lost its investment grade rating from Moody’s Investors Service over its cash flow challenges and growing expenses. The rating agency downgraded the Knox County-owned hospital to Ba1 from Baa3 impacting roughly $114 million of outstanding debt. The hospital has issued bonds through the Indiana Finance Authority and Knox County…. Link to Story