The hospitals and health systems receiving credit downgrades included the following:
- Covenant Health (Tewksbury, Mass.) — from A to A- (Fitch)
- Eastern Maine Healthcare Systems (Bangor) — from Baa2 to Baa3 (Moody’s)
- Good Shepherd Medical Center (Longview, Texas) — from BB- to B- (S&P)
- HealthEast (St. Paul, Minn.) — from BBB- to BB+ (Fitch)
- Jennie Stuart Medical Center (Hopkinsville, Ky.) — from BBB to BBB- (Fitch)
- Lawrence + Memorial Hospital (New London, Conn.) — from A- to BBB- (S&P)
- Mercy Health (Cincinnati) — from A1 to A2 (Moody’s); and from AA- to A+ (S&P)
- Mission (Texas) Regional Medical Center — from BB+ to B- (S&P)
- Oconee Regional Medical Center (Milledgeville, Ga.) — from CC to D (S&P)
- Parrish Medical Center (Titusville, Fla.) — from BBB+ to BBB (S&P)
- Presence Health (Chicago) — from Baa2 to Baa3 (Moody’s)
- Provena Health (Chicago) — from Baa2 to Baa3 (Moody’s)
- Resurrection Health Care (Chicago) from Baa2 to Baa3 (Moody’s)
- WakeMed Health System (Raleigh, N.C.) — from AA- to A+ (Fitch)
More articles on healthcare finance:
5 latest hospital bankruptcies, closures
20 most costly inpatient conditions
5 health systems with strong finances
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
