9 latest hospital credit rating downgrades

The following nine hospital and health system credit rating downgrades occurred between Aug. 26 and Oct. 15. They are listed below in alphabetical order:

1. Boone Hospital Center (Columbia, Mo.) — from "A-" to "BBB" (Fitch Ratings)

2. Covenant Health (Tewksbury, Mass.) — from "BBB+" to "BBB" (Fitch Ratings)

3. Delta (Colo.) County Memorial Hospital — from "BB+" to "BB" (S&P Global Ratings)

4. Fairfield Medical Center (Lancaster, Ohio) — from "Baa3" to "Ba2" (Moody's Investors Service)

5. Indiana (Pa.) Regional Medical Center — from "Ba1" to "Ba2" (Moody's Investors Service)

6. Mercy Medical Center (Des Moines, Iowa) — from "A" to "A-" (S&P Global Ratings)

7. OSF HealthCare (Peoria, Ill.) — from "A2" to "A3" (Moody's Investors Service)

8. Regional West Medical Center (Scottsbluff, Neb.) — from "BBB+" to "BBB" (Fitch Ratings)

9. South Nassau Communities Hospital (Oceanside, N.Y.) — from "Baa1" to "Baa2" (Moody's Investors Service)

More articles on healthcare finance:

Massachusetts hospital to close ED in November, shut down in 2020
RWJBarnabas Health CFO focuses on strategy in industry under 'economic siege'
10 hospitals seeking CFOs

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months