The health systems receiving the downgrades include:
• Charleston (W.Va.) Area Medical Center — From A2 to A3 (Moody’s)
• Davis Health System (Elkins, W.Va.) — From Baa3 to Ba1 (Moody’s)
• West Penn Allegheny Health System (Pittsburgh) — From BB- to B+ (S&P)
Four health systems received credit updgrades during the same time period.
To see the full list of credit rating changes, click here (pdf).
Related Articles on Hospital Credit Ratings:
Moody’s: Hospital Downgrades Outpace Upgrades Over Last Five Years
Non-Profit Hospitals and Health Systems With the Highest Moody’s Ratings
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