COOK'S HEALTH CARE AMONG 7 HOSPITALS DOWNGRADED IN THE FORT WORTH, TEXAS AREA IN THE PAST MONTH

COOK'S HEALTH CARE AMONG 7 HOSPITALS DOWNGRADED IN THE FORT WORTH, TEXAS AREA IN THE PAST MONTH

Written by Bob Herman | July 15, 2013

Seven acute-care hospitals and health systems received a downgrade between June 15 and July 14, according to a report by HFA Partners.

The hospitals and health systems receiving credit downgrades included:

• Gerald Champion Regional Medical Center (Alamogordo, N.M.) — from BB to B+ (S&P) • King's Daughters Medical Center (Ashland, Ky.) — from A+ to A (S&P) • Murray-Calloway County Hospital (Murray, Ky.) — from Baa2 to Baa3 (Moody's) • North Mississippi Health Services (Tupelo) — from AA to AA- (Fitch) • Robinson Memorial Hospital (Ravenna, Ohio) — from A3 to Baa3 (Moody's) • Temple University Health System (Philadelphia) — from BBB- to BB+ (S&P) • West Virginia United Health System (Fairmont) — from A+ to A (S&P)

Six acute-care hospitals and health systems garnered a credit upgrade in the past month:

• Altoona (Pa.) Regional Health System — from BBB+ to A+ (S&P) • Avera Health (Sioux Falls, S.D.) — from A+ to AA- (S&P) • Cook Children's Health Care System (Fort Worth, Texas) — from AA- to AA (S&P) • Hendrick Health System (Abilene, Texas) — from A3 to A2 (Moody's) • Willis-Knighton Health System (Shreveport, La.) — from A3 to A2 (Moody's) • Connally Memorial Medical Center (Floresville, Texas) — from B- to B (S&P)

Eight hospitals and health systems also had positive rating affirmation changes, while nine hospitals and health systems had negative rating affirmation changes.