12 latest hospital credit downgrades

The following 12 hospital credit rating downgrades occurred in the past month. They are listed below in alphabetical order.

Advertisement

1. Bozeman (Mont.) Health — from “A+” to “A” (S&P)

2. Coalinga (Calif.) Regional Medical Center — from “B-” to “CCC” (S&P)

3. Community Memorial Health System (Ventura, Calif.) — from “BB+” to “BB” (S&P)

4. Cone Health (Greensboro, N.C.) — from “AA” to “AA-” (S&P)

5. Hunt Memorial Hospital District (Greenville, Texas) — from “A+” to “A-” (S&P)

6. Liberty (Mo.) Hospital — from “A-” to “BBB+” (S&P)

7. Lincoln County Public Hospital District No. 3 (Davenport, Wash.) — from “A2” to “A3” (Moody’s)

8. MetroHealth (Cleveland) — from “BBB-” to “BB” (Fitch)

9. Parkland Health & Hospital System (Dallas) — from “AA” to “A+” (Fitch)

10. ProMedica Healthcare (Toledo, Ohio) — from “AA-” to “A+” (S&P)

11. Stamford (Conn.) Health — from “A” to “BBB+” (Fitch)

12. Valley Medical Center (Renton, Wash.) — from “BBB+” to “BBB” (Fitch)

More articles on healthcare finance:
Physicians: Is CHS ‘a slow-motion train wreck?’
California hospital to close by mid-June, lay off 200 employees
Tenet posts surprise $99M profit after expanding cost-cutting plan

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.