Tower Health
Tear Sheet: Investors Eye Tower Health Liquidity as Market Pressures Continue
Tue 11/01/2022 13:49 PM
Relevant Items:
Tear Sheet
Excel Download
Issue Details: Series 2012A; Series 2017; Series 2020
Official Statements: Series 2012A; Series 2017; Series 2020
Investors are monitoring Pennsylvania acute-care hospital operator Tower Health’s liquidity as days cash on hand, or DCOH, continues to decline, reaching 59 as of June 30:
Adjusted for $28 million of remaining Centers for Medicare & Medicaid Services advance payments, DCOH was 54.
On Sept. 20, rating agency Fitch downgraded Tower to CCC+...
Tear Sheet
Excel Download
Issue Details: Series 2012A; Series 2017; Series 2020
Official Statements: Series 2012A; Series 2017; Series 2020
Investors are monitoring Pennsylvania acute-care hospital operator Tower Health’s liquidity as days cash on hand, or DCOH, continues to decline, reaching 59 as of June 30:
Adjusted for $28 million of remaining Centers for Medicare & Medicaid Services advance payments, DCOH was 54.
On Sept. 20, rating agency Fitch downgraded Tower to CCC+...
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2024 Reorg Research, Inc. All rights reserved.