7 latest hospital credit rating downgrades

The following seven hospital and health system credit rating downgrades occurred since Jan. 1. They are listed below in alphabetical order.

Advertisement

1. Catholic Medical Center (Manchester, N.H.) — from “A-” to “BBB+” (S&P Global Ratings)

2. Erlanger Health System (Chattanooga, Tenn.) — from “Baa2” to “Baa3” (Moody’s Investors Service)

3. Fairview Health Services (Minneapolis) — from “A2” to “A3” (Moody’s Investors Service)

4. Integris (Oklahoma City) — from “A1” to “A2” (Moody’s Investors Service)

5. Monroe County Hospital (Monroeville, Ala.) — from “Ba1” to “Ba3” (Moody’s Investors Service)

6. Prisma Health (Greenville, S.C.) — from “A2” to “A3” (Moody’s Investors Service) 

7. Southeastern Regional Medical Center (Lumberton, N.C.) — from “A-” to “BBB+” (Fitch Ratings)

More articles on healthcare finance:
14 health systems with strong finances
How CHS, Tenet, HCA and UHS fared in 2019
California lawmakers seek to stop hospital closure amid coronavirus spread

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.