Moody’s changes Geisinger Health System’s outlook to negative


http://www.beckershospitalreview.com/finance/moody-s-changes-geisinger-health-system-s-outlook-to-negative.html

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Moody’s Investors Service revised Danville, Pa.-based Geisinger Health System’s outlook to negative from stable.

The outlook revision is based on a number of financial and strategic challenges, including an operating loss related to Geisinger’s health plan’s exchange product.

Moody’s Investors Service also affirmed the “Aa2” and “Aa2/VMIG 1” ratings on Geisinger’s outstanding bonds. The rating affirmations are based on Geisinger’s large size, leading market position and exceptional clinical reputation.

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