Healthcare industry

Gov. Andrew Cuomo’s call for New York City to pay much more toward the City University of New York system and Medicaid is a financial gut punch.

As BioNitrogen navigates Chapter 11 bankruptcy, Hendry County, Fla., has refused to extend the company’s $300 million private-activity bond allocation.

Weaker results in the current fiscal year prompted one rating agency to shift its outlook on Michigan-based Trinity Health Credit Group's high-grade rating to negative ahead of its sale of $568 million of new-money and refunding bonds.

Standard & Poor’s bumped Memorial Group Inc. out of junk territory thanks to support provided by the stronger rated BJC Healthcare system.

The California Health Facilities Financing Authority will issue $500 million of revenue bonds next week for the Sutter Health hospital system in Northern California.

Illinois’ not-for-profit hospitals are facing new uncertainty over their local tax exemptions and charity care obligations after an appellate court voided a 2012 law governing their community benefit requirements.

Moody's Investors Service upgraded UMass Memorial Health Care revenue bonds out of junk to Baa3 from Ba1, affecting $265 million of rated debt.

Standard & Poor's dropped Georgia's Oconee Regional Medical Center further into junk territory citing default as a "virtual certainty."

The Federal Trade Commission has moved to block the proposed merger of Illinois-based Advocate Health Care and NorthShore University Health System citing to anti-competition concerns.

A large operating loss cost the operator of Mission Regional Medical Center its investment-grade rating from Standard & Poor's, and notice of a technical default is expected.

Indiana would build a new $120 million bond-financed mental health facility in what Gov. Mike Pence’s administration is billing as an affordable option that will usher in a new model of care

California's Daughters of Charity Health System has closed on a management agreement with a hedge fund that is designed to keep the hospital chain out of bankruptcy.

With oil prices continuing to slide, the Standard & Poor’s outlook for Ector County Hospital District in the heart of the Permian Basin has slipped to negative.

SwedishAmerican Hospital in Rockford, Ill. won an upgrade from Standard & Poor's and also received a positive outlook thanks to its nearly year-old affiliation with a stronger system.

Key portions of a lawsuit filed by a group of Chicago retirees to block the city’s attempt to phase out their healthcare subsidies can proceed, a state court judge ruled.

California Attorney General Kamala Harris approved a management agreement for the Daughters of Charity Health System saying it would stave off bankruptcy and maintain services at the hospital chain.

Improving operating margins helped win Missouri-based Mercy Health a stable outlook from Moody's Investors Service.

With the nation’s largest percentage of uninsured patients, Texas hospitals face great uncertainty over whether the federal government will renew a five-year Medicaid waiver or penalize the state for not expanding coverage, experts say.

In its last deal of the year, the University of Texas System will offer investors a choice of taxable or tax-exempt bonds in a $241 million pricing.

Texas’ El Paso County Hospital District received a two-notch Standard & Poor’s downgrade in the wake of the district’s legal settlement with an affiliated children’s hospital that’s in bankruptcy.