Healthcare industry

Gov. John Bel Edwards, a Democrat, blasted a budget proposal by House Republicans to address a $600 million deficit by funding a college scholarship program at the expense of health care programs.

The nation’s largest issuer is collaborating with the New York Department of Health (DOH) to expedite reimbursements from bond proceeds for the state’s healthcare institutions.

Catholic Health Initiatives, the nation’s second-largest nonprofit healthcare system, was downgraded by Moody’s Investors Service, affecting $7.3 billion of rated debt.

Texas hospitals will continue to be reimbursed under the federal Medicaid program after the state received an extension of a waiver for 15 months, a positive credit factor for the state's nonprofit hospitals, according to ratings analysts.

Two hospital districts in the Permian Basin oil producing region of West Texas took downgrades from Moody’s Investors Service, one to speculative grade.

Missouri-based St. Luke’s Health System heads into the market with a $250 million refunding Thursday that will enhance the conservative structure of its debt portfolio.

The Mayo Clinic is returning the market Tuesday with a $200 million refunding, a follow up to its $350 million taxable new-money issue in March.

Hawaii signed a lease agreement with Kaiser Permanente in which the health system will take over three struggling Maui hospitals.

Illinois-based MercyRockford Health System is bringing a $495 million deal to lay the groundwork for both a new hospital and new identity as Mercy Health Corp.

An uptick in patient volume and the November acquisition of Allegiance Health helped boost Detroit-based Henry Ford Health System’s credit rating outlook.