Six acute-care hospitals and health systems have received credit downgrades in the past 30 days, according to a report by HFA Partners.
The hospital and health systems receiving the credit downgrades include:
• Anderson Hospital (Maryville, Ill.) — from BBB to BBB- (S&P)
• Central Washington Hospital (Wenatchee, Wash.) — from Baa2 to Baa3 (Moody's) and from BBB to BBB- (Fitch)
• Chilton Hospital (Pompton Plains, N.J.) — from Baa1 to Baa2 (Moody's)
• Kettering Health Network (Dayton, Ohio) — from A2 to A3 (Moody's)
• St. Joseph Health Services of Rhode Island (North Providence) — from B- to CCC (S&P)
• Saint Vincent Health System (Erie, Pa.) — from Baa3 to Ba2 (Moody's)
In the same month-long span, seven hospitals and health systems received credit upgrades. They include:
• Delnor Hospital (Geneva, Ill.) — from A to A+ (S&P)
• John C. Lincoln Health Network (Phoenix) — from BBB to BBB+ (S&P)
• Prince William Hospital (Manassas, Va.) — from A3 to A2 (Moody's)
• Princeton (W.Va.) Community Hospital — from BBB- to BBB (S&P)
• St. John Health System (Tulsa, Okla.) — from A3 to A2 (Moody's)
• Stanford Hospital & Clinics (Palo Alto, Calif.) — from A+ to AA- (S&P)
• Vernon Memorial Healthcare (Viroqua, Wis.) — from BBB- to BBB (S&P)
Five hospitals and health systems also had positive rating affirmation changes, while two hospitals and health systems had negative rating affirmation changes.
The hospital and health systems receiving the credit downgrades include:
• Anderson Hospital (Maryville, Ill.) — from BBB to BBB- (S&P)
• Central Washington Hospital (Wenatchee, Wash.) — from Baa2 to Baa3 (Moody's) and from BBB to BBB- (Fitch)
• Chilton Hospital (Pompton Plains, N.J.) — from Baa1 to Baa2 (Moody's)
• Kettering Health Network (Dayton, Ohio) — from A2 to A3 (Moody's)
• St. Joseph Health Services of Rhode Island (North Providence) — from B- to CCC (S&P)
• Saint Vincent Health System (Erie, Pa.) — from Baa3 to Ba2 (Moody's)
In the same month-long span, seven hospitals and health systems received credit upgrades. They include:
• Delnor Hospital (Geneva, Ill.) — from A to A+ (S&P)
• John C. Lincoln Health Network (Phoenix) — from BBB to BBB+ (S&P)
• Prince William Hospital (Manassas, Va.) — from A3 to A2 (Moody's)
• Princeton (W.Va.) Community Hospital — from BBB- to BBB (S&P)
• St. John Health System (Tulsa, Okla.) — from A3 to A2 (Moody's)
• Stanford Hospital & Clinics (Palo Alto, Calif.) — from A+ to AA- (S&P)
• Vernon Memorial Healthcare (Viroqua, Wis.) — from BBB- to BBB (S&P)
Five hospitals and health systems also had positive rating affirmation changes, while two hospitals and health systems had negative rating affirmation changes.
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