7 latest hospital credit rating downgrades

The following seven medical facility and health system credit ranking downgrades took place given that July 1. They are noted in alphabetical order..

1. Cape Cod Healthcare (Hyannis, Mass.)– from “A+” to “A” (S&P Global Ratings).

2. Care New England (Providence, R.I.)– from “BB” to “BB-” (Fitch Ratings); from “BB-” to “B+” (S&P Global Ratings).

3. Heritage Valley Health System (Beaver, Pa.)– from “A2” to “A3” (Moodys Investors Service).

4. John Fitzgibbon Memorial Hospital (Marshall, Mo.)– from “B” to “B-” (Fitch Ratings).

5. Leaders Memorial Healthcare (Brawley, Calif.)– from “BBB-” to “BB” (Fitch Ratings).

6. ProMedica (Toledo, Ohio)– from “BBB” to “BBB-” (Fitch Ratings).

7. South Shore Hospital (Weymouth, Mass.)– from “Baa1” to “Baa2” (Moodys Investors Service).

Tenets earnings more than triples in Q211 medical facilities return $192M in CARES Act paymentsFlorida hospital to close Aug. 31.

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