Healthcare industry

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.

Standard & Poor's stripped Ohio-based Alliance Community Hospital of its investment grade rating based on revised stand-alone, acute-care hospital criteria.