Healthcare industry

Fitch Ratings has upgraded the rating on Cedars Sinai Medical Center's outstanding debt to AA-minus from A-plus and revised its outlook to stable from positive affecting $1 billion in debt.

Indiana's recent decision to expand its Medicaid program under the new federal health care law is positive for the state's hospitals and could prompt Republican-led states that have opted out to change their minds, according to Fitch Ratings.

Trinity Health has pulled a $1.1 billion bond deal amid rising yields, putting the deal on the day-to-day calendar until the market improves.

Trinity Health this month prices its first significant bond deals since it merged with Catholic Health East in 2013, with three transactions totaling $1.45 billion including its first taxable deal.

The nation's second-largest health care provider, Trinity Health, is bringing $1.4 billion to market next week in a deal that will in part raise money for a $4.5 billion capital plan.

A Medicare violation self-reported by the Mendocino Coast Health Care District could delay its efforts to exit Chapter 9 bankruptcy, according to a Standard & Poor's report.

California's attorney general's office needs two additional weeks to complete its required review of the proposed sale of non-profit Daughters of Charity Health System to for-profit Prime Healthcare.

The Internal Revenue Service's interim guidance on how certain accountable care organizations can be structured to avoid resulting in private business use is limited in its scope, the National Association of Bond Lawyers and the American Hospital Association said.

Moody's Investors Service downgraded healthcare giant Catholic Health Inititiatives to A2 from A1 after a year of declining operating performance.

Moody's Investors Service revised its outlook from stable to positive on the Beverly Hills-based Cedars-Sinai Medical Center's long-term revenue bonds. It affirmed its A1 rating

Illinois-Based Rush University Medical Center hits the market Thursday with its first time issue in more than five years accompanied by a trifecta of good credit news on the $500 million refunding.

Moody's Investors Service affirmed its A1 underlying long-term rating on Queen Health System of Hawaii ahead of its plans to price $403 million in revenue bonds.

Raymond James has hired health care veteran Pete Lawson as a managing director to co-head hospital mergers and acquisitions in the firm's health care finance group. He is based in Naples, Fla.

Standard & Poor's has revised Illinois-based Carle Foundation's outlook to positive in recognition of its strong financial performance and improved balance sheet.

California's nonprofit Daughters of Charity Health System is bucking noisy union opposition in an effort to sell out to a for-profit operator that would retire its junk-rated tax-exempt bonds.

Fitch Ratings affirmed its AA-minus rating, and Standard & Poor's its A-plus rating, ahead of a bond sale planned by Cottage Health System in Santa Barbara, Calif.

The last remaining stand-alone non-profit hospital in southeast Michigan has signed a letter of intent to merge with the largest non profit health care system in the country.

Thirty-six Republican Arizona legislators should be allowed to challenge the constitutionality of a measure to expand Medicaid eligibility even though it won legislative approval, the state Supreme Court ruled.

Final federal regulations make clear that most failures to meet certain requirements created by the new health care law won't hurt the tax-exempt status of nonprofit hospitals' bonds.

Beaumont Health, southeast Michigan's largest provider after a September merger with two local hospitals, is refunding $408 million of bonds in January for savings.