Healthcare Credit 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...
AHA wants hospital bonds included in municipal securities legislation
As FierceHealthFinance readers know, when the market tanked, hospitals went through horrific struggles to manage their increasingly costly bond obligations. With the crisis still at hand, the... Read more...
California health groups score $344M in state funding
In this economy, every time a health organization gets a substantial amount of funding it's worth noting. In this case, three California hospital systems and a community health center will get a... 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...
Fitch: For-profit providers stable in Q4 2008
At last, some (moderately) good news on hospitals' financial status. Fitch Ratings has announced that results for the final three months of 2008 for for-profit hospital companies were stable,... 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...
Fitch still pessimistic about not-for-profits
Fitch Ratings continues to be pessimistic about the prospects for U.S. not-for-profit hospitals, according to the latest guidance from the agency. With unemployment rising, investment returns still... 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...
Market crash, bailout struggle add to healthcare borrower fears
It was already a pretty hostile environment in which to be a healthcare borrower, even before the recent, spectacular Read more...
Moody's ratings changes could raise healthcare credit ratings
Moody's Investors Services has announced that it plans to adopt a revised rating scale for municipal bonds that could raise healthcare credit ratings by an average of one notch. The agency plans to... Read more...
