13 latest hospital credit downgrades

The following 13 hospital credit rating downgrades occurred since September. They are listed below in alphabetical order.

1. Alliance (Ohio) Community Hospital — from BBB- to BB+ (S&P)
2. Baptist Healthcare System (Louisville, Ky.) — from A2 to A3 (Moody's)
3. Care New England Health System (Providence, R.I.) — from BBB- to BB (S&P)
4. East Texas Medical Center Regional Healthcare System (Tyler) — from BBB to BBB- (Fitch)
5. East Liverpool (Ohio) City Hospital — from CCC to CC (S&P)
6. Fremont-Rideout Health Group (Marysville, Calif.) — from A3 to Baa2 (Moody's)
7. Fremont-Rideout Health Group (Marysville, Calif.) — from A to BBB (S&P)
8. Good Samaritan Hospital (Vincennes, Ind.) — from Baa1 to Baa2 (Moody's)
9. Mercy Hospital (Iowa City, Iowa) — from A3 to Baa2 (Moody's)
10. Mission (Texas) Hospital — from Baa3 to Ba2 (Moody's)
11. Reading (Pa.) Hospital and Medical Center — from A1 to A2 (Moody's)
12. St. Anthony's Medical Center (St. Louis) — from A+ to A- (S&P)
13. UF Health-Jacksonville (Fla.) — from BBB+ to BBB (Fitch)

More articles on healthcare finance:

New York hospital to close this week
UMass Memorial posts strong financials, expects higher EHR costs next year
The essential skills of a health system CFO: 3 finance chiefs weigh in

 

 

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months