1. Moody’s affirms ‘Baa2’ rating on Princeton Health Care System’s bonds
Moody’s Investors Service affirmed the “Baa2” rating on Plainsboro, N.J.-based Princeton Health Care System’s bonds, affecting approximately $188 million in debt.
2. Fitch issues ‘AA-‘ median rating for nonprofit children’s hospitals
Fitch Ratings issued a strong “AA-” median rating for nonprofit children’s hospitals due to various factors, such as the hospitals’ unique credit profile.
3. Fitch downgrades Midland County Hospital District’s bonds to ‘A+’
Fitch Ratings downgraded the rating to “A+” from “AA” on Midland (Texas) County Hospital District’s $102.1 million of series 2009A and series 2009B limited tax bonds.
4. Moody’s assigns ‘A1’ rating to Carilion Clinic’s bonds
Moody’s Investors Service affirmed the “A1” rating on Roanoke, Va.-based Carilion Clinic’s outstanding bonds, affecting $401.5 million of rated debt.
5. Moody’s downgrades Baptist Healthcare’s existing debt and planned debt offering
Moody’s Investors Service downgraded the “A3” rating on Louisville, Ky.-based Baptist Healthcare System’s existing debt to “Baa2.”
6. Moody’s revises Mount Sinai Hospital’s outlook to stable
Moody’s Investors Service affirmed the “A3” rating on New York City-based Mount Sinai Hospital, affecting approximately $315 million in bonds.
7. Moody’s affirms Forrest County General Hospital’s ‘A2’ rating
Moody’s Investors Service has affirmed the “A2” rating on Hattiesburg, Miss.-based Forrest County General Hospital’s outstanding rated revenue bonds, affecting $108 million.
More articles on healthcare finance:
Physicians, hospitals have until May 15 to dispute CMS’ 2016 Open Payment records
5 most-read finance stories: Week of May 8-12
Georgia hospital files for bankruptcy, OKs sale to Prime the same day
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