7 hospitals receive credit downgrades in past month

Seven hospitals and health systems received a credit downgrade during the past month, according to a report from HFA Partners

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The hospitals and health systems receiving credit downgrades included the following:

  • Columbus (Ga.) Regional Health — from BBB to BB+ (Fitch)
  • East Jefferson General Hospital (Metairie, La.) — from Ba1 to Ba2 (Moody’s)
  • Jefferson Regional Medical Center (Jefferson Hills, Pa) — from Baa2 to Baa3 (Moody’s)
  • Jennie Stuart Medical Center (Hopkinsville, Ky.) — from BBB to BBB- (S&P)
  • MCG Health (Augusta, Ga.) — from A to A- (S&P)
  • South Georgia Medical Center (Valdosta) — from A+ to A (S&P)
  • Southcoast Health System (Fall River, Mass.) — from A to A- (S&P)

 

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