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Investors' service steps in to fill void in hospital data disclosure
Abstract:
A new investors' information service hopes to open some new doors--those belonging to hospital chief financial officers. The service aims to provide up-to-date financial data on hospitals that have tapped the tax-exempt credit market, information that many facilities are choosing not to provide. Many investors trading in already-issued bonds say they often are forced to rely on outdated information in their decisionmaking.