Healthcare industry

St. Louis-based Ascension Health Alliance is set to bring $1.9 billion of bonds to market in deals that fold into one package the system's new money needs, refunding opportunities and refinancing of inherited debt.

Citing “persistent and large operating losses,” Standard & Poor’s downgraded Catholic Health Initiatives one notch to A-minus and retained a negative outlook.

Ohio-based Kettering Health Network won an upgrade from Standard & Poor’s ahead of its upcoming $90 million sale.

San Francisco-based Dignity Health had its outlook revised to negative from stable by Standard & Poor's, which cited a decline in financial performance.

Ascension Health Alliance, the nation's largest not-for-profit healthcare system, plans to sell about $1.9 billion of debt over the next month.

The Philadelphia Area Municipal Analyst Society will explore how the city’s academic medical centers can adapt to stay ahead of a rapidly evolving healthcare environment at the organization’s meeting next week.

Loma Linda University Medical Center received mixed messages from two rating agencies as it prepares what will be the municipal bond market’s largest junk rated deal of the year so far.

Cook County board President Toni Preckwinkle will introduce plans next week for a privately financed $600 million redevelopment of the county’s long-closed historic hospital along with a new $118 million bond-funded addition to its current hospital campus.

The University of Texas System will seek savings with a $134 million refunding of revenue bonds.

Puerto Rico health care providers, payers and stakeholders are pressing U.S. lawmakers and administration officials to increase funding for the territory’s Medicaid and Medicare programs in legislation.