Healthcare industry

Moody’s Investors Service dropped Good Samaritan Hospital in Knox County, Indiana by one level to Baa2 and warned of the potential for further deterioration by leaving a negative outlook on the rating.

Standard & Poor’s upgraded Illinois-based Anderson Hospital two notches citing multi-year operating improvements.

Moody's Investors Service has downgraded about $23 million of Sonoma Valley Health Care District, Calif. general obligation bonds to Baa1 from A1.

The Texas Public Finance Authority expects its triple-A credit to attract institutional and retail investors to an upcoming $445 million issue of taxable general obligation bonds for cancer research and prevention.

The Fremont-Rideout Health Group received a three-notch Standard & Poor's downgrade to BBB from A on three series of revenue bonds, citing a sharp deterioration in financial performance.

Rating agencies have restored stable outlooks on the University of North Texas system as UNT prepares to go to market with $222 million of revenue bonds.

Ohio's Promedica Health is bringing $320 million of low double-A rated hospital bonds to market Thursday, a day after publishing a supplement to bond documents informing investors of a potential merger in the works.

Florida-based Adventist Health System agreed to pay $118.7 million to settle allegations that it had physician referral agreements that violated the federal False Claims Act.

A positive outlook from Standard & Poor’s may lead to an investment-grade rating for the Decatur County Hospital Authority.

The North Broward Hospital District in Florida will pay the federal government $69.5 million to settle allegations that it violated the False Claims Act, according to the Justice Department.

Standard & Poor’s view of the University of Wisconsin Hospital & Clinics Authority’s A-plus credit has brightened.

Fitch Ratings has placed $112.5 million of revenue bonds issued for the J. David Gladstone Institute on negative outlook due to "unsustainable" draws on the organization's endowment fund.

The Affordable Care Act is helping lift the non-profit health care sector out of its years-long torpor, according to Standard & Poor’s, which revised its outlook on the sector to stable from negative.

The Illinois Finance Authority board advanced nearly $400 million of new borrowing plans at its meeting Thursday in deals that highlight the popularity of direct placements.

Fitch Ratings downgraded to junk $683 million of Loma Linda University Medical Center, Calif. revenue bonds saying the hospital plans to issue more debt next year to tackle earthquake safety projects than it had anticipated.

Moody’s Investors Service downgraded the rating of Lancaster, Calif.-based Antelope Valley Hospital District further into junk territory citing the sudden resignation of the hospital’s chief executive officer this summer.

The Oregon Facilities Authority is preparing to sell a cross-border deal when it issues $71.1 million of bonds for Providence Health & Services in Washington.

OSF Healthcare System in Illinois heads into the market next week with its $368 million sale with a second dose of good credit news.

A struggling hospital in an affluent Detroit suburb has merged with Ascension Health, the largest non-profit health care system in the country.

Illinois-based OSF Healthcare System won an upgrade ahead of its September new money and refunding sale for $367 million in recognition of its improved financial performance.