Healthcare industry

Daytona Beach, Fla.-based Halifax Hospital plans to issue about $112 million of revenue refunding bonds boosted by two rating upgrades.

New York City expects to save $3.4 billion on health care by 2018 through municipal labor agreements, said director of labor relations Robert Linn.

A day after the dedication of its new $1 billion hospital, Standard & Poor's downgraded Dallas' Parkland Health and Hospital System one notch to AA.

Craig General Hospital in northeastern Oklahoma continues to operate after filing for bankruptcy protection.

Standard & Poor's raised its rating on Silver Cross Hospital in Illinois by one level to BBB as it prepares to pull its rating at the hospital's request.

Faced with losing billions in federal funds for low income health coverage, Florida House and Senate Republicans are $4 billion apart on the 2016 state budget.

Ann & Robert H. Lurie Children’s Hospital of Chicago won an upgrade from Standard & Poor’s as it fiscal books remain on the upswing.

Utah Gov. Gary Herbert called for negotiations on a plan to expand Medicaid that would be approved in a special session of the state Legislature.

Integris Health Group received more than $1 billion of orders for $200 million of refunding bonds issued through the Oklahoma Development Finance Authority, producing savings of 5.8%.

Boosted by a rating upgrade, the University of Kentucky plans to competitively issue $281.7 million in new and refunding bonds Tuesday for the UK HealthCare system.

Silver Cross Hospital and Medical Center leads a pack of borrowers slated to come to market through the Illinois Finance Authority this spring.

Standard & Poor’s raised Wisconsin-based Bellin Health’s rating by one level to A-plus ahead of its upcoming $45 million refunding issue.

Renown Regional Medical Center, a Reno, Nev. hospital, received a one-notch rating upgrade to A from A-minus based on its improved financial profile and changes Standard & Poor's made to the way it rates stand-alone hospitals.

Prime Healthcare backed out of deal to purchase California's ailing Daughters of Charity Health System, a six-hospital chain, because it objected to conditions imposed by California Attorney General Kamala Harris.

Philadelphia Mayor Michael Nutter has proposed a 2016 budget proposal that aims to tackle rising pension and healthcare costs.

The state of Kentucky will provide half of the financing needed to build a state-of-the-art medical research facility that will target diseases that disproportionately affect residents of the Commonwealth.

The Sierra Kings Health Care District in California has paid the U.S. Treasury $20,000 to settle tax issues and preserve the tax-exempt status of bonds it sold in 2007 and 2009.

University Hospitals, one of northeast Ohio's largest providers, is in talks to acquire stand-alone hospital Samaritan Regional Health.

Massachusetts Gov. Charlie Baker's proposed $38 billion budget projects $1.6 billion savings in Medicare expenses and establishes an MBTA weather resiliency fund.

Portfolio manager Michael Pepe is buying bonds with 10-year call provisions and hospital bonds with attractive yields to cope with a flat yield curve and tight spreads as the market awaits higher interest rates.