8 hospitals receive credit downgrades in past month

Eight hospitals and health systems received credit downgrades during the past month, according to a report from HFA Partners.

The hospitals and health systems receiving credit downgrades included the following:

  • Adventist HealthCare (Gaithersburg, Md.) — from Baa2 to Baa3 (Moody's)
  • Great Plains Regional Medical Center (Elk City, Okla.) — from BB to BB- (Fitch)
  • Huntington Memorial Hospital (Pasadena, Calif.) — from A to A- (S&P)
  • Kuakini Health System (Honolulu) — from BB to B+ (S&P)
  • Opelousas (La.) General Hospital — from BBB- to BB+ (S&P)
  • Sauk Prairie Memorial Hospital (Prairie du Sac, Wis.) — from Ba1 to B1 (Moody's)
  • Swedish Covenant Hospital (Chicago) — from BBB+ to BBB (S&P)
  • Terrebonne General Medical Center (Houma, La.) — from A2 to A3 (Moody's)

 

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