fitch http://kvpr.org en Tulare hospital receives debt downgrade http://kvpr.org/post/tulare-hospital-receives-debt-downgrade <p>The bond rating firm Fitch announced this week that it is downgrading the debt of a Tulare county hospital.&nbsp;The Tulare Local Health Care District saw its rating dip from BBB- to BB+.</p><p>The firm cited the hospital&rsquo;s recent drop in profitability, and dramatic decline in liquidity as factors for the downgrade. The organization believes the hospital&rsquo;s financial health will stabilize in the remainder of 2012, as a new 24 bed emergency wing is completed at the Tulare Regional Medical Center.</p> Wed, 14 Mar 2012 21:24:54 +0000 Joe Moore 685 at http://kvpr.org Tulare hospital receives debt downgrade