On the latest episode of the Debtwire Municipals Muni Lowdown podcast, Managing Editor Paul Greaves speaks with Greg Clark, head of research, about trends and updates for lower-rated nonprofit hospitals.

The podcast begins with Greg providing an overview of the surveillance project he initiated last year on nonprofit hospitals and hospital systems. The impetus was the financial problems brought on by the pandemic.

Greg then discusses the methodology behind the hospitals chosen for surveillance and why a quarterly review is done.

Greg highlights each hospital has been placed into one of three categories: declining credit strength, improving or stable.

To close the podcast, Greg provides examples from each category.