The hospitals and health systems receiving credit downgrades included the following:
- Cottage Health (Santa Barbara, Calif.) — from AA- to A+ (Fitch)
- Fremont-Rideout Health Group (Marysville, Calif.) — from BBB to BBB- (S&P)
- Lawrence (Mass.) General Hospital — from BBB- to BB+ (Fitch)
- Reid Hospital (Richmond, Ind.) — from A to A- (S&P)
More articles on healthcare finance:
Nashville safety-net hospital failed to accurately track finances, audit finds
CHS on track to overcome financial troubles, says CEO
Presence Health focuses on revenue cycle improvement in turnaround plan
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