7 latest hospital credit rating downgrades

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

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1. Cape Cod Healthcare (Hyannis, Mass.) — from “A+” to “A” (S&P Global Ratings)

2. Care New England (Providence, R.I.) — from “BB” to “BB-” (Fitch Ratings); from “BB-” to “B+” (S&P Global Ratings)  

3. Heritage Valley Health System (Beaver, Pa.) — from “A2” to “A3” (Moody’s Investors Service)

4. John Fitzgibbon Memorial Hospital (Marshall, Mo.) — from “B” to “B-” (Fitch Ratings) 

5. Pioneers Memorial Healthcare (Brawley, Calif.) — from “BBB-” to “BB” (Fitch Ratings)  

6. ProMedica (Toledo, Ohio) — from “BBB” to “BBB-” (Fitch Ratings) 

7. South Shore Hospital (Weymouth, Mass.) — from “Baa1” to “Baa2” (Moody’s Investors Service) 

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Florida hospital to close Aug. 31

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