15 latest hospital credit downgrades

The following 15 hospital credit rating downgrades occurred in the past three months. They are listed below in alphabetical order.

1. Baptist Health South Florida (Miami) — from Aa2 to Aa3 (Moody's)

2. Broward Health (Fort Lauderdale, Fla.) — from A to A- (S&P); from A2 to Baa2 (Moody's)

3. East Liverpool (Ohio) City Hospital — from BBB+ to BBB- (S&P)

4. Good Shepherd Health System (Longview, Texas) — from Ba3 to Caa1 (Moody's)

5. Indiana Regional Medical Center (Borough, Pa.) — from Baa3 to Ba1 (Moody's)

6. Knapp Medical Center (Weslaco, Texas) — from BBB to BB+ (S&P)

7. Lafayette (La.) General Medical Center — from A3 to Baa1 (Moody's)

8. Mission (Texas) Regional Medical Center — from BBB- to BB+ (S&P); from Ba2 to Caa1 (Moody's)

9. Oconee Regional Medical Center (Milledgeville, Ga.) — from CCC to CC (S&P)

10. Parrish Medical Center (Titusville, Fla.) — from BBB+ to BBB (Fitch)

11. Partners HealthCare (Boston) — from AA to AA- (S&P)

12. Presence Health (Chicago) — from BBB+ to BBB (Fitch); from BBB+ to BBB- (S&P)

13. South Shore Hospital (South Weymouth, Mass.) — from A3 to Baa1 (Moody's)

14. WellStar Health System (Marietta, Ga.) — from AA- to A (S&P)

15. Westchester County Health Care Corp. (Valhalla, N.Y.) — from Baa1 to Baa2 (Moody's)

More articles on healthcare finance:

6 hospitals with strong finances
Massachusetts hospital to cease inpatient services
CCJR model takes effect this week: 13 things for healthcare leaders to know

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars