6 hospitals receive credit downgrades in past month

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

Advertisement

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

1. Baptist Healthcare System (Louisville, Ky.) — from A+ to A (Fitch)

2. Centegra Health System (Crystal Lake, Ill.) — from BBB to BBB- (Fitch)

3. MaineGeneral Medical Center (Augusta, Maine) — from BBB- to BB (Fitch)

4. MetroHealth System (Cleveland) — from A- to BBB- (S&P); from A- to BBB- (Fitch)

5. Midland (Texas) County Hospital District — from AA to A+ (Fitch)

6. Nevada (Mo.) Regional Medical Center — from B to CCC (S&P)

More articles on healthcare finance:

How CHS, Tenet, UHS, LifePoint and HCA fared in Q1
Moody’s: US nonprofit hospitals see decrease in median operating margin
Acquisition grows Partners HealthCare profits amid plans to cut $600M: 4 things to know

 

 

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

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.