Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Merge Healthcare Inc. > News item |
Moody's cuts Merge Healthcare
Moody's Investors Service said it downgraded Merge Healthcare Inc.'s corporate family and senior secured ratings were downgraded to B3 from B2.
Additionally, the probability of default rating was downgraded to B3-PD from B2-PD and the SGL-3 speculative grade liquidity rating was affirmed.
The outlook remains stable.
"We expect weak demand for Merge's medical imaging products and services until late 2014, when phase 2 of the federal electronic health record (EHR) reimbursements should become available to their customers, potentially driving higher demand," Moody's senior analyst Edmond DeForest said in a news release.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.