The hospitals and health systems receiving credit downgrades included:
• Baylor Health Care System (Dallas) — from Aa2 to Aa3 (Moody’s)
• Beatrice (Neb.) Community Hospital — from BBB- to BB+ (Fitch)
• Children’s Hospital of Orange (Calif.) County — from A to A- (S&P)
• Daughters of Charity Health System (Los Altos Hills, Calif.) — from BBB to BBB- (S&P)
• Great Plains Regional Medical Center (Elk City, Okla.) — from BBB- to BB+ (S&P)
• Munroe Regional Health System (Ocala, Fla.) — from A3 to Baa1 (Moody’s)
Two acute-care hospitals and health systems garnered a credit upgrade in the past month:
• Fauquier Hospital (Warrenton, Va.) — from BBB+ to A- (S&P)
• Olmsted Medical Center (Rochester, Minn.) — from BBB+ to A- (Fitch)
Four hospitals and health systems also had positive rating affirmation changes, while eight hospitals and health systems had negative rating affirmation changes.
Related Articles on Hospital Credit Ratings:
Top 15 Hospitals Most Exposed to Medicare
Moody’s: Cuts to Disproportionate Share Payments Will Weigh Heavy on States and Safety-Net Hospitals
8 Hospitals Receive Credit Downgrades in Past Month
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
