Healthcare industry

Moody's Investors Service upgraded Citrus Valley Health Partners, Calif.'s underlying revenue bond ratings to Baa3.

Moody's revised its outlook on the nonprofit health care sector to stable from negative, where it has been since 2008, citing significant gains in several key areas.

Diane Stanton began work Monday as executive director of the California Health Facilities Financing Authority, a conduit issuer for the state's non-profit hospitals, according to the treasurer's office.

Multiple factors are pressuring Puerto Rico's nonprofit universities and hospitals, Standard & Poor's said Thursday.

Puerto Rico's ongoing fiscal struggles could have negative credit implications for some health care providers on the island.

The Chapter 11 bankruptcy filing of Clayton County, Ga.'s only hospital is a favorable credit factor for the county, according to Moody's Investors Service.

Moody's Investors Service has revised its outlook on Wisconsin-based Mercy Alliance's A2 rating to negative from stable due to execution risks with the system's January merger with Rockford Health System.

Standard & Poor's announced Friday that it is withdrawing its rating on Palm Drive Health Care District, Calif. after repeated attempts to get necessary information from the issuer failed.

The Illinois Finance Authority advanced plans for nearly $1 billion in borrowing on behalf of not-for-profit schools and hospitals led by the University of Chicago.

Fitch Ratings said 2014 hospital medians showed surprisingly strong results, while capital spending in the sector hit the lowest point in six years.