11 latest hospital credit downgrades

The following 11 hospital credit rating downgrades occurred in the past month. 

They are listed below in alphabetical order.

1. Augusta (Ga.) University Medical Center — from A- to BBB (S&P)

2. East Jefferson General Hospital (Metairie, La.) — from Ba3 to B3 (Moody's)

3. Flagler Hospital (St. Augustine, Fla.) — from A- to BBB+ (S&P)

4. Lahey Health System Obligated Group (Burlington, Mass.) — from A+ to A (S&P)

5. Mercy Hospital (Oelwein, Iowa) — from Baa2 to B1 (Moody's)

6. Monroe (Wis.) Clinic — from A3 to Baa1 (Moody's)

7. Northwest Community Hospital (Arlington Heights, Ill.) — from A+ to A (S&P)

8. Stamford (Conn.) Hospital — from A- to BBB+ (S&P)

9. Tulare (Calif.) Regional Medical Center — from B to CC (Fitch)

10. UnityPoint Health (Des Moines, Iowa) — from Aa3 to A1 (Moody's)

11. UPMC (Pittsburgh) — from Aa3 to A1 (Moody's) 

More articles on healthcare finance:
California's Medicaid program seeks permission to stop mailing 2,546-page provider directory to beneficiaries
Less than 30% of Indiana Medicaid beneficiaries could face proposed work requirements
Fitch may amend rating criteria for nonprofit hospitals: 5 things to know

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Featured Webinars

Featured Whitepapers