6 hospitals receive credit downgrades in past month

Six 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:

  • DeKalb Medical Center (Decatur, Ga.) — from BBB to BBB- (Fitch)
  • Divine Savior Healthcare (Portage, Wis.) — from BBB to BBB- (S&P)
  • East Jefferson General Hospital (Metairie, La.) — from BBB- to BB (S&P)
  • Mission (Texas) Regional Medical Center — from BBB to BBB- (S&P)
  • Regional Medical Center (Orangeburg, S.C.) — from A- to BBB+ (S&P)
  • Parkland Health and Hospital System (Dallas) — From AA+ to AA (S&P)

 

More articles on healthcare finance:

Singing River Health System posts $4.8M loss, plans to cut 14 jobs
Mercy Health to raise new debt for capital projects

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months