5 hospitals receive credit downgrades in past month

Five hospitals and health systems received a credit downgrade during the past month, according to a report by HFA Partners.

The hospitals and health systems receiving credit downgrades included the following:

  • St. Anthony's Medical Center (St. Louis) — from A+ to A- (S&P)
  • Good Samaritan Hospital (Vincennes, Ind.) — from Baa1 to Baa2 (Moody's)
  • Reading (Pa.) Hospital and Medical Center — from A1 to A2 (Moody's)
  • East Texas Medical Center Regional Healthcare System (Tyler) — from BBB to BBB- (Fitch)
  • Fremont-Rideout Health Group (Marysville, Calif.) — from A to BBB (S&P)

 

More articles on healthcare finance:

San Antonio hospital shuts down
Denver-area hospitals see profit margins soar
5 healthcare CFOs in the headlines

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars