Moody’s worsened the Mount Sinai system’s outlook from stable to negative.
A major debt-rating agency dropped Mount Sinai Hospital ’s credit rating close to “junk” status on Wednesday, citing troubles at the New York healthcare giant’s Beth Israel hospital system.
New Starbucks CEO may make $113M working remotely in posh Calif. town — while workers must be at office A Mount Sinai spokesperson said the company has created an improvement plan to address its financial challenges. Moody’s warned the poor ratings could be here to stay if Mount Sinai continues a decline in system cash on hand to 70 days, is unable to break even on operating cash flow for fiscal year 2024, increases its debt or faces another data breach.
Beth Israel Medical Center Moody's Investors Service Mount Sinai Hospital
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