16 recent hospital credit rating actions

The following hospital and health system credit rating actions occurred in the last week. They are categorized by downgrade, upgrade or affirmation.

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Downgrade:

  • John Fitzgibbon Memorial Hospital (Marshall, Mo.) — From “B” to “B-” (Fitch)
  • Medical Center Health System (Odessa, Texas) — From “BB+” to “BB” (Fitch)
  • Pioneers Memorial Hospital (Brawley, Calif.) — From “BBB-” to “BB” (Fitch)
  • South Shore Hospital (Weymouth, Mass.)  — From “Baa1” to “Baa2” (Moody’s)

Upgrade:

  • Silver Cross Hospital and Medical Center (New Lenox, Ill.) — From “Baa1” to “A3” (Moody’s)

Affirmation:

  • Hospital for Special Surgery (New York City) — affirmed at “A+” (S&P)
  • Mon Health (Morgantown, W.Va.) — affirmed at “BBB+” (Fitch)
  • Mosaic Life Care (St. Joseph, Mo.) — affirmed “AA-” (Fitch)
  • Northwest Community Hospital (Arlington Heights, Ill.)  — affirmed its “A” (S&P)
  • Phoenix Children’s Hospital — affirmed at “A+” (Fitch) and “A”  (S&P)
  • South Shore Hospital (Weymouth, Mass.) — affirmed at “BBB+” (Fitch)
  • SSM Health (St. Louis) — affirmed at “A1” (Moody’s)
  • Texas Children’s Hospital (Houston) — affirmed at “AA” (Fitch)
  • University of Iowa Hospitals and Clinics (West Des Moines, Iowa) — affirmed at “Aa2” (Moody’s) and “AA” (S&P)
  • Wellstar Health System (Marietta, Ga.) — affirmed at “A2” (Moody’s)
  • Yale New Haven (Conn.) Health System — affirmed at “AA-” (Fitch)

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