6 latest hospital credit downgrades

The following six hospital credit rating downgrades occurred in the past month. They are listed below in alphabetical order.

1. FirstHealth of the Carolinas (Pinehurst, N.C.) — from "Aa3" to "A1" (Moody's)

2. Ingalls Health System (Harvey, Ill.) — from "Baa1" to "Baa2" (Moody's)

3. Memorial Health System (Marietta, Ohio) — from "BB-" to "BB" (Fitch)

4. Rangely (Colo.) Hospital District — from "Baa2" to "Baa3" (Moody's)

5. Terrebonne General Medical Center (Houma, La.) — from "A3" to "Baa1" (Moody's)

6. University Health System (Knoxville, Tenn.) — from "BBB+" to "BBB" (S&P)

More articles on healthcare finance:
Moody's: Severe flu season will pressure nonprofit hospital margins
California hospital imposes overtime restrictions, hiring freeze to shore up finances
Why this $15M gift to an LA hospital is so unusual

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