Downgrades news from FierceHealthFinance
News
Moody's rates HCA's planned $750M debt offering at Ba3
Moody's Investors Service has assigned a Ba3 rating to HCA's planned $750 million offering of first lien senior secured notes, putting the hospital chain's offering in speculative-grade territory... Read more...
Moody's: Non-profit hospital finances continue to deteriorate
Non-profit hospitals and health systems continue to face tough financial circumstances, with the one-two punch of a weak economy and tight credit continuing to sock their bottom lines. That's... Read more...
Moody's drops not-for-profits' ratings and outlooks
Moody's Investors Service has taken a steps that remind us that the healthcare financial crisis isn't exactly older. The agency dropped credit ratings for 19 non-for-profit hospitals and health... Read more...
NJ system may default on bonds
A six-hospital system has told investors that due to weak financial results in 2008, it may default on $768.4 million in bonds. This follows a recent uptick in downgraded hospital bond ratings, which... Read more...
Moody's: Non-profit hospital credit downgrades at peak since 2001
Here's more evidence, if we needed any, that not-for-profit hospitals are facing tough times. Last year, according to Moody's Investors Service, not-for-profit credit downgrades exceeded upgrades by... Read more...
Moody's downgrades 18 hospital bond ratings in two months
Up until this most recent financial quarter, Moody's was downgrading and upgrading nearly equal numbers of hospital bonds. In October and November of this year, though, Moody's has downgraded 18... Read more...
S&P downgrades for non-profit hospitals rise sharply
Standard & Poor's has taken a meat-axe to the credit ratings of not-for-profit hospitals of late. During the first six months of 2008, credit downgrades for non-profit hospitals and health... Read more...
