4 hospitals receive credit downgrades in past month

Four hospitals and health systems received a credit downgrade during the past month, according to a report from HFA Partners.

The hospitals and health systems receiving credit downgrades included the following:

  • East Texas Regional Medical Center (Tyler) — from Baa2 to Baa3 (Moody's)
  • Guadalupe Regional Medical Center (Seguin, Texas) — from Baa3 to Ba1 (Moody's)
  • King's Daughter Medical Center (Ashland, Ky.) — from A3 to Baa2 (Moody's)
  • Redlands (Calif.) Community Hospital — from BBB+ to BBB (S&P)

 

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