UPMC’s Credit Rating Receives Downgrade From Moody’s

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PITTSBURGH (AP) – Moody’s has downgraded UPMC’s credit rating following the health system’s recent expansion in central Pennsylvania.
The Tribune-Review reports the credit rating on UPMC’s $2.9 billion debt has shifted from “very low credit risk” to “low credit risk.” Moody’s cited the risks in expansion.
UPMC acquired the Harrisburg-based hospital group PinnacleHealth in September following its acquis