The health systems receiving the downgrades include:
• Mary Washington Healthcare (Fredericksburg, Va.) — From A3 to Baa1 (Moody’s)
• Mercy Medical Center (Canton, Ohio) — From BBB- to BB+ (Fitch)
• Reid Hospital & Health System (Richmond, Ind.) — From A+ to A (Fitch)
Two health systems also received upgrades in the last 30 days.
More Articles on Health System Credit Ratings:
Moody’s: Medicaid Putting Hospital Credit Ratings at Risk
Moody’s: 20% of Non-Profit Hospitals in the Red
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