Shelby, N.C.-based Cleveland County HealthCare System and Chester (Pa.) County Hospital received credit rating downgrades in the last 30 days, according to an HFA Partners report.
Cleveland County was downgraded from an A+ to an A rating by Fitch and Chester County from a Baa2 to a Ba1 rating by Moody's.
Five health systems received credit rating upgrades during the same time.
To view the full list of hospital credit rating changes, click here (pdf).
Read more coverage on hospital credit ratings:
- Moody's: Hospital Downgrades Outpace Upgrades Over Last Five Years
- Moody's: Negative Outlook for Non-Profit Hospitals for Next 12-18 Months
Cleveland County was downgraded from an A+ to an A rating by Fitch and Chester County from a Baa2 to a Ba1 rating by Moody's.
Five health systems received credit rating upgrades during the same time.
To view the full list of hospital credit rating changes, click here (pdf).
Read more coverage on hospital credit ratings:
- Moody's: Hospital Downgrades Outpace Upgrades Over Last Five Years
- Moody's: Negative Outlook for Non-Profit Hospitals for Next 12-18 Months