We also distinguish between deferrable vs nonde-ferrable admissions, where nondeferrable admissions are those with a principal diagnosis of those identified by Card et al (16) as having the same rate in the weekdays as during the weekend and thus presumably less amenable to hospital efforts to reduce utilization.
Similarly, TPR's effect on deferrable admissions is a statistically insignificant 1.53 percent decrease, while TPR's effect on nondeferrable admissions is a statistically insignificant 6.30 percent increase using the rural control groups.
S&P also put the banks' unsecured and nondeferrable
subordinated debt (NDSD) -- which have lower priority than other bonds if the company goes bankrupt -- rating "on CreditWatch with negative implications."
Also, we lowered our issue rating on Temirbank's nondeferrable
subordinated debt to 'CCC' from 'CCC+'.
17 December 2010 - S&P today cut its rating on Allied Irish Banks' (ISE:ALBK) lower tier 2 securities to CCC from B citing a "clear and present risk" of a restructuring of this nondeferrable
(2.) Bank holiday and weekend admissions are more likely to be nondeferrable
and present higher mortality risk than weekday admissions, providing further support to the identification of our IV model.
30 September 2010 - S&P yesterday slashed to CCC from B its rating on Anglo Irish Bank's lower tier 2 securities, citing a "clear and present risk" of a restructuring of this nondeferrable
dated subordinated debt.