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Standard & Poor's news from FierceHealthFinance

News

Despite some stability in healthcare industry, pressures remain

The healthcare industry is once again starting to show signs of stability after several topsy-turvy years, said Martin Arrick, managing director of corporate and government ratings for the... Read more...

Catholic Healthcare West's bonds benefit from state backing

Standard & Poor's has assigned an "A" long-term rating to a handful of bond series issued on behalf of Catholic Healthcare West. In issuing the bonds, S&P spoke highly of CHW's own financial... Read more...

Cleveland Clinic's bond rating stable

Ordinarily, the mere fact that a provider's bond rating isn't falling like a stone isn't much of a news flash. But in today's economy, it's always worth a quick note when healthcare leaders manage to... Read more...

Could big healthcare bankruptcies be on the way?

By hook or by crook, hospitals and hospital chains have held it together--more or less--during this brutal recession. Staff and services have been cut, capital projects have slowed or stopped, and... Read more...

Bad credit news for non-profit hospitals continues

It seems like not-for-profit hospitals just can't catch a break when it comes to bond issues. The latest pain to afflict such bond holders comes from the squeeze placed on them by changes in the... 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...

S&P to monitor non-profit hospital tech spending

Over the next few years, credit rating firm Standard & Poor's plans to take a much closer look at the extent to which not-for-profit hospitals keep up with their peers in making technology... Read more...

MI hospital defaults on bonds, discusses selloff

Things have gotten ugly for financial managers at North Oakland Medical Center. The 178-bed hospital, which is based in Pontiac, MI, defaulted on $38.5 million in bonds issued by the Pontiac... Read more...

Press Releases

Catholic Healthcare West, CA's Bonds Rated 'A' On Strong Performance; Outlook Stable

DALLAS Oct. 9, 2009--Standard & Poor's Ratings Services assigned its 'A' long-term rating to the Arizona Health Facilities Authority's $183.990 million series 2009D fixed-rate bonds and the Read more >>