21 latest hospital credit downgrades

The following 21 hospital credit rating downgrades occurred in the past three months. They are listed below in alphabetical order.

  • Boone Hospital Center (Columbia, Mo.) — from A3 to Baa1 (Moody's)
  • Catholic Health Initiatives (Englewood, Colo.) — from A+ to BBB+ (Fitch)
  • 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)
  • Houston Healthcare (Warner Robins, Ga.) — from A2 to A3 (Moody's)
  • Jennie Stuart Medical Center (Hopkinsville, Ky.) — from BBB to BBB- (Fitch)
  • Lawrence + Memorial Hospital (New London, Conn.) — from A- to BBB- (S&P); and from A to A- (Fitch)
  • Lexington Medical Center (West Columbia, S.C.) — from AA- to A+ (Fitch)
  • Mercy Health (Cincinnati) — from A1 to A2 (Moody's); and from AA- to A+ (S&P)
  • Middlesex Hospital (Middletown, Conn.) — from A2 to A3 (Moody's)
  • 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)
  • Southcoast Health System (Bedford, Mass.) — from A- to BBB+ (S&P)
  • Trinity Health System (Steubenville, Ohio) — from A3 to Baa1 (Moody's)
  • WakeMed Health System (Raleigh, N.C.) — from AA- to A+ (Fitch)


More articles on healthcare finance:

CHS spin-off Quorum Health suffers heavy losses on impairment charges
Brigham strike, Epic implementation drag Partners' earnings
13 recent hospital outlook and credit rating actions

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


Featured Whitepapers

Featured Webinars