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CA hospital on watch list for Moody’s downgrade
The Mercury News

Eisenhower Medical Center in Rancho Mirage has been placed on the Moody’s Investors Service watch list for a debt rating downgrade. Moody’s analysts said in a statement Monday that they’re reviewing the desert hospital’s credit position after receiving an unaudited report for the 2011 fiscal year showing an unexpected operating loss of $30.8 million. A year ago, the hospital reported an operating profit of $22.8 million.

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