7 latest hospital, health system credit downgrades

The following seven hospital and health system credit rating downgrades occurred in the last two months. They are listed below in alphabetical order:

Advertisement

1. Albert Einstein Healthcare Network (Philadelphia) — from “Baa3” to “Ba1” (Moody’s Investors Service)

2. Baxter Regional Medical Center (Mountain Home, Ark.) — from “Baa2” to “Baa3” (Moody’s Investors Service)

3. John Fitzgibbon Memorial Hospital (Marshall, Mo.) — from “BB+” to “B” (Fitch Ratings)

4. Milford (Mass.) Regional Medical Center — from “Ba1” to “Ba2” (Moody’s Investors Service)

5. Northern Arizona Healthcare System (Flagstaff) — from “AA” to “AA-” (S&P Global Ratings)

6. Sonoma (Calif.) Valley Hospital — from “Baa3” to “Ba1” (Moody’s Investors Service)

7. South Georgia Medical Center (Valdosta) — from “Baa3” to “Ba3” (Moody’s Investors Service)

More articles on healthcare finance:

Ex-Missouri hospital owners accused of carrying out elaborate billing scheme
CMS unveils 5 new payment models to overhaul primary care: 6 things to know
Why Intermountain CFO Bert Zimmerli takes his job personally

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.