CHICAGO -- Academic medical centers' outstanding debt could face negative rating pressures due to ongoing health care reforms that emphasize cost control and outpatient care, according to Standard & Poor's Corp.

In a telephone press conference yesterday, David Peknay, a director at Standard & Poor's, said that maintaining expensive innovative research and specialized care while remaining competitive may be difficult for many academic medical centers.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.