7 latest hospital and health system credit downgrades

The following seven hospital and health system bond credit rating downgrades occurred in the past two months. They are listed below in alphabetical order.

  • Catholic Health Initiatives (Englewood, Colo.) — from "A3" to "Baa1" (Moody's)
  • Covenant Health (Tewksbury, Mass.) — from "A-" to "BBB+" (S&P)
  • MetroHealth System (Cleveland) — from "A-" to "BBB-" (S&P)
  • Owensboro (Ky.) Health — from "BBB+" to "BBB" (Fitch)
  • Peninsula Regional Medical Center (Salisbury, Md.) — from "A2" to "A3" (Moody's)
  • ProMedica Health System (Toledo, Ohio) — from "Aa3" to "A1" (Moody's)
  • St. John Health System (Tulsa, Okla.) — from "AA" to "AA-" (S&P)

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