LLUMCLoma Linda University Medical Center
LLUMCLovers Lane United Methodist Church (Dallas, TX)
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It has downgraded to 'BB' from 'BB+' the Issuer Default Rating (IDR) and the rating on the outstanding series 2014A, 2014B and 2016A revenue bonds issued by the California Statewide Communities Development Authority on behalf of LLUMC. Bond proceeds of the $390.7 million fixed rate series 2018A issuance will be used to finance a portion of the additional costs of the campus transformation project and ongoing capital expenses, fund a $33.6 million debt service reserve fund and pay costs of issuance.
Gallup partnered with LLUMC to study the relationship between employee engagement and patient safety.
The court further found that the trial court also properly precluded the plaintiff from asserting the theory that LLUMC breached a duty to provide the plaintiff with physical therapy for his hand injury.
"LLUMC has been a great help to my hospital, especially when we were doing the Joint Commission survey," Zhuang said.
LaPuma reported in his first series that 2 of 26 patients (8%) were under 18 years of age, and he found a median age of 48.1 years[12]; in his second series the average age was reported to be 51 years,[13] and in his third series only 2 of 104 patients (2%) were under 10 years of age.[15] Brennan's series of 73 ethics committee consultations on terminally ill patients had a mean age of 61.89 years.[14] The high proportion of pediatric patients in our series reflects the volume of pediatric patients at LLUMC, and the high level of ethical sensitivity of the directors of the neonatal and pediatric ICUs at our institution.
Why has the National Right to Life Committee called on LLUMC to observe a moratorium?
Fitch's downgrade of LLUMC's IDR and revenue bond rating to 'BB' from 'BB+' reflects the addition of series 2018A debt on an already highly leveraged balance sheet and low liquidity, further limiting financial flexibility for the system for many years to come.
For some years, FHHN had been referring patients to LLUMC in various specialties under per diem arrangements.
It assigned LLUMC an Issuer Default Rating (IDR) of 'BB+'.
LLUMC's 'BB+' rating primarily reflects the highly leveraged balance sheet and low liquidity that is expected to limit financial flexibility for the system over a number of years.
The series 2016A bonds will be fixed rate and bond proceeds will be used to fund a portion of the cost of LLUMC's campus transformation project ($599 million), fund capitalized interest through December 2019 and a debt service reserve fund ($258 million), refund the series 2014C bonds ($13 million), and pay costs of issuance.