Three health systems have received credit downgrades in the last 30 days, according to a report by HFA Partners.
The hospitals receiving downgrades include:
• Cullman (Ala.) Regional Medical Center — From BBB- to BB+
• Maple Grove (Minn.) Hospital — From Aa3 toBaa1
• North Memorial Health Care, Robbinsdale, Minn. — From A3 to Baa1
Seven hospitals received upgrades in the last 30 days, including:
• Clarian Health Partners, Indianapolis —From A2 to A1
• Holy Spirit Hospital, Camp Hill, Pa. — From BBB to BBB+
• Huntington (N.Y.) Hospital — BBB+ to A-
• Jackson Hospital & Clinic, Montgomery, Ala. — BBB- to BBB
• Riverview Hospital Association, Wisconsin Rapids, Wis. — A- to A
• Self Regional Healthcare, Greenwood, S.C. — A to A+
• St. Barnabas Health Care, West Orange, N.J. — BB+ to BBB-
Read the HFA Partners report on hospital credit ratings (pdf).
Read more coverage on hospital credit ratings:
- 6 Hospital Credit Ratings Downgraded in Last 30 Days
- Hospitals Must Plan for LOC Renewals Now
The hospitals receiving downgrades include:
• Cullman (Ala.) Regional Medical Center — From BBB- to BB+
• Maple Grove (Minn.) Hospital — From Aa3 toBaa1
• North Memorial Health Care, Robbinsdale, Minn. — From A3 to Baa1
Seven hospitals received upgrades in the last 30 days, including:
• Clarian Health Partners, Indianapolis —From A2 to A1
• Holy Spirit Hospital, Camp Hill, Pa. — From BBB to BBB+
• Huntington (N.Y.) Hospital — BBB+ to A-
• Jackson Hospital & Clinic, Montgomery, Ala. — BBB- to BBB
• Riverview Hospital Association, Wisconsin Rapids, Wis. — A- to A
• Self Regional Healthcare, Greenwood, S.C. — A to A+
• St. Barnabas Health Care, West Orange, N.J. — BB+ to BBB-
Read the HFA Partners report on hospital credit ratings (pdf).
Read more coverage on hospital credit ratings:
- 6 Hospital Credit Ratings Downgraded in Last 30 Days
- Hospitals Must Plan for LOC Renewals Now