7 latest hospital, health system credit downgrades

The following seven hospital credit rating downgrades occurred in the last month. They are listed below in alphabetical order:

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1. CentraCare Health System (St. Cloud, Minn.) — from “A1” to “A2” (Moody’s)

2. Geisinger Health (Danville, Pa.) — from “Aa2” and “Aa2/VMIG 1” to “Aa3” (Moody’s)

3. Holy Redeemer Health System (Meadowbrook, Pa.) — from “Baa3” to “Ba1” (Moody’s)

4. Lawrence (Mass.) General Hospital — from “BB+” to “BB” (S&P Global Ratings)

5. Milford (Mass.) Regional Medical Center — from “BBB-” to BB+” (S&P Global Ratings)

6. North Mississippi Health Service (Tupelo, Miss.) — from “Aa3” to “A1” (Moody’s)

7. Wood County (Ohio) Hospital Association — from “Ba1” to “Ba2” (Moody’s)

More articles on healthcare finance:

North Carolina hospital forced into bankruptcy
Tenet shrinks loss to $5M, plans new $200M cost-cutting drive
2 South Carolina hospitals agree to close, transfer services to new facility

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