The hospitals and health systems receiving credit downgrades included the following:
1. Baptist Health South Florida (Miami) — from Aa2 to Aa3 (Moody’s)
2. Bethesda Healthcare System (Boynton Beach, Fla.) — from Baa1 to Baa2 (Moody’s)
3. Good Shepherd Health System (Longview, Texas) — from Ba3 to Caa1 (Moody’s)
4. Loma Linda (Calif.) University Medical Center — from BB+ to BB (S&P)
5. Northeast Ohio Medical University (Rootstown) — from A- to BBB+ (S&P)
6. Ohio Valley General Hospital (Kennedy Township, Pa.) — from Ba3 to B2 (Moody’s)
7. Presence Health Network (Chicago) — from BBB+ to BBB- (S&P); from BBB+ to BBB (Fitch)
8. South Shore Hospital (Weymouth, Mass.) — from A- to BBB+ (Fitch)
9. T.J. Samson Community Hospital (Glasgow, Ky.) — from BBB to BBB- (S&P)
10. Wellstar Health System (Atlanta) — from Aa3 to A2 (Moody’s)
More articles on healthcare finance:
4 Louisiana safety-net hospitals at risk of closure
Major health systems, payers make progress toward value-based payment goal
South Dakota hospital set to lose Medicare status
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