Pandemic threatening high-yield healthcare liquidity

Pandemic threatening high-yield healthcare liquidity

As if the numerous other financial challenges for the healthcare industry weren’t enough, the COVID-19 pandemic is exacerbating speculative-grade issuer liquidity challenges, due in part to providers’ lost patient volumes as a result of canceled elective surgeries, according to a new report from Fitch Ratings. Specialty pharmaceutical companies with material debt maturities and opioid-contingent obligations […]