10 latest hospital, health system credit downgrades

The following 10 hospital and health system credit rating downgrades occurred since March 1. They are listed below in alphabetical order:

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1. Albert Einstein Healthcare Network (Philadelphia) — from “Baa3” to “Ba1” (Moody’s Investors Service)

2. Baxter Regional Medical Center (Mountain Home, Ark.) — from “Baa2” to “Baa3” (Moody’s Investors Service)

3. John Fitzgibbon Memorial Hospital (Marshall, Mo.) — from “BB+” to “B” (Fitch Ratings)

4. Milford (Mass.) Regional Medical Center — from “Ba1” to “Ba2” (Moody’s Investors Service)

5. Mon Health (Morgantown, W.Va.) — from “A-” to “BBB+ (Fitch Ratings)

6. Northern Arizona Healthcare System (Flagstaff) — from “AA” to “AA-” (S&P Global Ratings)

7. San Antonio (Texas) Regional Hospital — from “Baa2” to “Baa3” (Moody’s Investors Service)

8. Sonoma (Calif.) Valley Hospital — from “Baa3” to “Ba1” (Moody’s Investors Service)

9. South Georgia Medical Center (Valdosta) — from “Baa3” to “Ba3” (Moody’s Investors Service)

10. UPMC (Pittsburgh) — from “AA-” to “A+” (Fitch Ratings)

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