The hospitals and health systems receiving credit downgrades included the following:
- Baptist Health South Florida (Coral Gables) — from AA to AA- (S&P)
- Catholic Health Initiatives (Englewood, Colo.) — from A2 to A3 (Moody’s); from A to A- (S&P)
- East Jefferson General Hospital (Metairie, La.) — from Ba2 to Ba3 (Moody’s)
- Memorial Hospital at Gulfport (Miss.) — from A to BBB (Fitch)
- Mercy Alliance (Janesville, Wis.) — from A2 to A3 (Moody’s)
- South Georgia Medical Center (Valdosta) — from A to A- (S&P)
More articles on healthcare finance:
MD Anderson blames EHR costs for 56.6% drop in income
3 obvious and not-so-obvious reasons hospitals close
Study: Hospitals that deliver superior patient experience see 50% higher margins
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