3 Heath Systems Receive Credit Downgrades

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



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