CHICAGO — Moody’s Investors Service warned Thursday that Illinois’ crackdown on the property-tax exemptions of nonprofit hospitals over the amount of charity care they provide could pose a credit threat to the sector here.

“Levying property taxes would be credit negative because it places additional financial constraints on not-for-profit hospitals, requiring more expense reductions and process redesign,” said Moody’s analyst Carrie Sheffield, who authored the special report published Thursday. “It also further supports our negative outlook on the hospital sector.”

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