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New York City has reached tentative seven-year, four-month contract agreements with SEIU Local 300 and the United Probation Officers Association, Mayor Bill de Blasio said.
August 22 -
New York City's Department of Education failed to recoup a cumulative $356 million in federal Medicaid funds between fiscal 2012 and 2014, said city Comptroller Scott Stringer.
August 22 -
S&P lowered its rating to AA-minus from AA on Berks County Municipal Authority, Pa.'s revenue refunding bonds, issued for Reading Health System.
August 21 -
Boston, Philadelphia and Baltimore typify how the 'eds and meds' presence of universities and hospitals can boost older cities' credit profiles, said Moody's.
August 19 -
Moody's Investors Service on Tuesday withdrew its general obligation bond rating on Tehachapi Valley Healthcare District, Calif. citing a lack of financial information for fiscal 2013, affecting $63 million in debt.
August 19 -
Moody's Investors Service has raised its outlook to positive on Seattle Cancer Alliance's outstanding bonds.
August 18 - Texas
The felony indictment of Texas Gov. Rick Perry covers actions he took against the Travis County District Attorney's office while its investigators looked into grants to his campaign contributors from a $3 billion cancer research bond fund.
August 18 -
Unable to recover from its financial woes, the Doctors Medical Center in Contra Costa County is being pressured to close or significantly downsize, which could impose a financial burden on the county, according to Moody's Investors Service.
August 15 -
Illinois-based OSF Healthcare System's A3 rating is stabilizing due to recent operating improvements after a tough 2013, Moody's Investors Service said.
August 15 -
Despite strong investment gains and other improvements, a persistent underlying weakness remained the underlying theme for the non profit health care sector in 2013, according to Standard & Poor's.
August 14