1. S&P revises West Park Hospital District’s outlook to stable
S&P Global Ratings revised the outlook to stable from positive on Cody, Wyo.-based West Park Hospital District.
2. Moody’s revises ThedaCare’s outlook to negative
Moody’s Investors Service affirmed its “A1” rating on $223 million of Appleton, Wis.-based ThedaCare’s debt. Concurrently, the credit agency revised the healthcare provider’s outlook to negative from stable.
3. S&P downgrades EvergreenHealth’s rating to ‘A’
S&P Global Ratings downgraded Kirkland, Wash.-based EvergreenHealth’s long-term rating to “A” from “A+.” The health system is also known as King County Public Hospital District No. 2.
4. ProMedica gets 3-notch downgrade, negative outlook from Moody’s
Six days after a multinotch downgrade from S&P, a second credit rating agency, Moody’s Investors Service, lowered Toledo, Ohio-based ProMedica Health System’s rating several notches to “Baa1” from “A1.” The rating action affects $420 million of debt.
5. Fitch upgrades Gundersen Lutheran’s debt to ‘AA-‘
Fitch Ratings upgraded La Crosse, Wis.-based Gundersen Lutheran Medical Center’s series 2011A and series 2012 bonds to “AA-” from “A+,” affecting $194 million of debt.
More articles on healthcare finance:
South Carolina hospital to close: 4 things to know
Michigan hospital blames ‘aggressive, direct competitor’ for financial troubles
6 latest hospital bankruptcies
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
