Moody’s Investors Service added to Envision Healthcare’s financial woes by downgrading the outpatient surgery and physician staffing company’s debt on Wednesday.
“The ratings downgrade reflects Moody’s view that Envision’s capital structure is unsustainable, that the probability of a bankruptcy or major restructuring is high and that recovery rates for much of the company’s debt will be low,” a Moody’s report says. Envision…