Texas Health Resources suffered a huge blow to its reputation with its mishandling of the first U.S. Ebola patient last month. Now the not-for-profit system has hired public relations firm Burson-Marsteller for communications support. But some observers say the move comes late, and that the system could have avoided some of the problems it experienced if it had turned to outside expert help from the start.
The 14-hospital system, which reported total revenue of $4.3 billion last year, is already suffering financial repercussions. Moody's Investors Service Thursday revised its outlook on THR's long-term debt from positive to “developing,” citing financial uncertainty in the wake of the Ebola-related events. The ratings agency pointed to the potential for a negative effect to the operations and reputation of Texas Health Presbyterian Hospital Dallas, the system's second-largest hospital, which has been the focus of the Ebola outbreak. Moody's warned that possible volume reductions, damage to THR's brand or growing liabilities could exert negative pressure on the current ratings.