Different equations?

September 2nd, 2008 | Posted by Drew | 3:00 pm

From FierceHealthcare on Aug 22:

Despite the subprime mortgage-fueled financial markets meltdown, ongoing problems in the U.S. economy and ongoing pressure on margins, things weren’t too bad for not-for-profit hospitals in 2007 according to financial industry ratings firm Moody’s Investors Service. After reviewing audited fiscal 2007 financial statements for 410 non-profits, the firm concluded that operating performance and liquidity remained stable for non-profits last year.

From Kaiser Network on Aug 26:

Downgrades in the credit ratings of U.S. not-for-profit health care systems and hospitals exceeded upgrades by a 2-to-1 ratio this year for the first time since 2003, according to a report released on Monday by Standard & Poor’s Ratings Services, the Arkansas Democrat-Gazette reports.  The report examined trends at the 138 not-for-profit health care systems and 470 stand-alone hospitals that S&P rates.

Excerpts they are, but it seems like two different conclusions, no?

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