The hospitals and health systems receiving credit downgrades included:
• Baylor Health Care System (Dallas) — from Aa2 to Aa3 (Moody’s)
• Beatrice (Neb.) Community Hospital — from BBB- to BB+ (Fitch)
• Children’s Hospital of Orange (Calif.) County — from A to A- (S&P)
• Daughters of Charity Health System (Los Altos Hills, Calif.) — from BBB to BBB- (S&P)
• Great Plains Regional Medical Center (Elk City, Okla.) — from BBB- to BB+ (S&P)
• Munroe Regional Health System (Ocala, Fla.) — from A3 to Baa1 (Moody’s)
Two acute-care hospitals and health systems garnered a credit upgrade in the past month:
• Fauquier Hospital (Warrenton, Va.) — from BBB+ to A- (S&P)
• Olmsted Medical Center (Rochester, Minn.) — from BBB+ to A- (Fitch)
Four hospitals and health systems also had positive rating affirmation changes, while eight hospitals and health systems had negative rating affirmation changes.
Related Articles on Hospital Credit Ratings:
Top 15 Hospitals Most Exposed to Medicare
Moody’s: Cuts to Disproportionate Share Payments Will Weigh Heavy on States and Safety-Net Hospitals
8 Hospitals Receive Credit Downgrades in Past Month
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.
