Five Hospitals Receive Credit Downgrades

Five hospitals across the United States have received credit downgrades in the last 30 days, according to a report by HFA Partners.

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The hospitals receiving the downgrades include:

•    Beebe Medical Center (Lewes, Del.)— From BBB to BBB-
•    Garden City Hospital (Garden City, Mich.)— From Baa1 to Baa3
•    Northern Berkshire Health System (Berkshire County, Mass.)— From B to CC
•    Saints Medical Center (Lowell, Mass.)—From Ba3 to B1
•    West Penn Allegheny Health (Pittsburgh)—From B1 to B2

Seven hospitals received credit upgrades during the same time period.

To view the HFA Partners full report, click here (pdf).

Read more coverage on hospital credit ratings:

– 9 Hospitals Receive Credit Downgrades

– 3 Health Systems Receive Credit Downgrades

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