Four hospitals and health systems received a credit downgrade during the past month, according to a report from HFA Partners.
The hospitals and health systems receiving credit downgrades included the following:
- Care New England Health System (Providence, R.I.) — from BBB- to BB (S&P)
- Mercy Hospital (Iowa City, Iowa) — from A3 to Baa2 (Moody's)
- Mission (Texas) Hospital — from Baa3 to Ba2 (Moody's)
- Reading (Pa.) Hospital — from AA- to A+ (Moody's)
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