CHICAGO - The ability to invest in cutting-edge medical technology will play an important role in the competitive health care market as the disparity grows between smaller, speculative-grade facilities and larger, higher-rated systems, say analysts at Standard & Poor's in a recent report.

The ability to spend money is increasingly important in the health care industry and hospitals with triple-B or lower ratings are more likely than higher-rated facilities to cut capital spending in the face of other financial pressures, said analysts Cynthia Keller Macdonald and Martin Arrick in the report, "Costly Medical Technology May Add a Further Wedge Between Not-for-Profit Hospital Credits."

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

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