Healthcare industry

The Wisconsin Supreme Court overturned a lower court ruling and upheld Milwaukee County's 2010 cuts to nurses' pension benefits.

Missouri hospitals reported providing $588 million in charity care and another $512 million in uncompensated care last year, the Missouri Hospital Association said in a report.

Revenues for Texas Health Resources' Presbyterian Hospital in Dallas are back on track after falling 25% during an Ebola scare that claimed a patient's life and infected two nurses, according to a disclosure announcement.

Revenue and demand pressure on not-for-profit healthcare providers as they navigate federal healthcare reform will weigh down the sector for another year, Standard & Poor's said.

Michigan-based Trinity Health is acquiring the Connecticut-based Saint Francis Care in a deal that allows Trinity to expand its Northeastern footprint and gives Saint Francis improved access to capital.

State Controller John Chiang issued a report warning of the growing unfunded retiree healthcare liability cost which has reached $71.8 billion.

Standard & Poor's on Dec. 12 downgraded El Paso County Hospital District's credit to A-plus from AA-minus, citing a weakened cash position.

Operating gains prompted Moody's Investors Service to revise Iowa's UnityPoint health system's outlook to stable from negative.

Standard & Poor's downgraded Colorado-based nonprofit healthcare giant Catholic Health Initiatives to A from A-plus and retained a negative outlook in a Dec. 15 report.

Macomb County, Mich., plans to bring $260 million of bonds to market in March to pay off its retiree health care liability.

The Illinois Finance Authority board signed off Rush University Medical Center $600 million refunding and issues that will help finance Chicago Navy Pier's big overhaul and finance construction of a compressed natural gas station for Pace suburban bus service.

Moody's Investors Service has shifted its outlook to positive from stable on Illinois-based Blessing Hospital's A3 rating in recognition of strong growth on its investments.

Vanderbilt University in Nashville, Tenn., plans to restructure its medical center as a separate nonprofit over the next year to adapt to the changing health care environment.

Moody's Investors Service said Tuesday it is maintaining its negative outlook on the non-profit health care sector for 2015, warning that key economic and financial conditions are expected to remain weak.

The U.S. Department of Housing and Urban Development is seeking a buyer for the Lakeway Regional Medical Center after the Austin area hospital defaulted on a $164 million HUD-guaranteed mortgage.

Moody's Investors Service Monday revised its outlook to stable from negative on two Illinois-based health systems in recognition of the benefits of their year-old move to join forces.

Moody's Investors Service has revised Wisconsin-based ProHealth Care Inc.'s outlook to negative after several years of softening operating results.

Illinois-based Advocate Health Care Network is planning a refunding in the coming weeks of up to $365 million.

Loma Linda University Medical Center had its outlook lowered to negative by Fitch Ratings, which cited a higher-than-expected debt burden and a pressured financial profile.

The University of Arkansas Board of Regents will look for savings with a $90 million refunding of bonds issued in 2006 for the medical school.