Healthcare industry

The Federal Trade Commission’s heightened scrutiny and challenge of not-for-profit healthcare mergers may not change much under a Trump administration, law firm Holland & Knight says a report.

Public Finance banking veteran Donald Persinski has joined KeyBanc Capital Markets' in its Pittsburgh office.

Ram Raju will resign as the head of New York City’s embattled Health + Hospitals unit, effective Nov. 30.

Colorado voters Tuesday will consider a measure to create the nation's first universal health care system.

A lawsuit that threatens to invalidate the sole security for bonds issued by the Chilton County Health Care Authority in Alabama prompted Fitch Ratings to place debt’s AA-minus rating on watch negative.

Competition for tertiary care and declining admissions at Opelousas General Health System in Louisiana led S&P Global Ratings to lower the hospital’s bonds below investment grade.

A federal appellate panel dealt a setback Monday to the proposed merger of two Illinois based systems -- Advocate Health Care and NorthShore University HealthSystem.

Stand-alone Chicago-based Swedish Covenant Hospital was affirmed by one rating agency and dropped one notch to BBB by another ahead of its $120 million new money and refunding sale.

The not-for-profit healthcare sector is holding steady but may have peaked as persistent long-term challenges threaten to undercut gains that have bolstered margins, says S&P Global Ratings health care analyst J. Kevin Holloran.

An alignment of Catholic Health Initiatives with Dignity Health to create one of the nation’s largest nonprofit health-care providers would be a positive credit factor for the two organizations, according to Moody’s Investors Service.

The tax supporting a $38 million bond deal for a rural Alabama hospital faces a legal challenge, though supporters say a state constitutional amendment on the Nov. 8 ballot should cure the problem for Chilton County and other localities, including Jefferson County.

Catholic Health Initiatives and Dignity Health are in negotiations that could result in creation of the nation’s largest nonprofit hospital chain or another form of “alignment.”

Illinois-based Edward-Elmhurst Healthcare received an A rating from Fitch Ratings as it prepares to come to market to refund old debt issued by the two systems that joined forces in 2013 and establish a new obligated group.

Wisconsin-based Sauk Prairie Memorial Hospital Inc.'s rating fell deeper into junk after a three-notch downgrade from Moody's Investors Service.

The Illinois Finance Authority signed off on $800 million of borrowing plans by several Illinois-based not-for-profit health systems and a Chicago art museum joining the parade of issuers to hit the market this quarter with both new-money and refunding paper.

Vanderbilt University received an upgrade to triple-A ahead of its first foray into the bond market since separating financially from its medical center.

Oaklawn Hospital in Calhoun County, Michigan plans to convert its variable rate paper to fixed-rate debt in an upcoming $74 million hospital revenue bond refunding.

Fort Wayne, Indiana based Parkview Health System’s improved operating performance earned it a one notch upgrade into the double-A category.

Hidalgo County Health Services Corp. debt issued for the Mission, Texas, Regional Medical Center moved closer to a default rating as S&P Global Ratings dropped $26.7 million of bonds to CCC from B-minus.

After turning around its operating performance, the Kalamazoo, Mich.-based Bronson Healthcare Group received an upgrade of its credit outlook to stable as it prepares to refund $109 million of debt.