Healthcare industry

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.

Texas Children's Hospital plans to add a 19-story tower to its Texas Medical Center campus in Houston as part of a $475 million expansion plan.

Moody's Investors Service affirmed its A1 rating for Rady Children's Hospital-San Diego and revised the hospital's outlook to positive from stable affecting $404 million in outstanding debt.

The Internal Revenue Service is auditing bonds issued in 2006 by the Orange County Health Facilities Authority in Florida for Orlando Regional Healthcare System, now Orlando Health Inc.

The Internal Revenue Service is auditing two bond issues sold in 2007 by Colorado authorities for a university and a health care borrower.

Springfield, Ill.-based Hospital Sisters Services Inc. will refund $180 million of bonds Wednesday shedding some of its floating rate exposure.

Good Shepherd Medical Center's failure to complete an assets sale brings a downgrade to BB-minus and a negative outlook from Standard & Poor's.

Missouri-based Mercy Health will sell $355 million of revenue bonds as soon as Tuesday to cover the costs of various projects including the ongoing construction of a replacement hospital for one destroyed by the May 2011 Joplin tornado.

Wisconsin's Mercy Health System and Illinois' Rockford Health System plan to join forces as soon as December pending regulatory approval.

Moody's Investors Service changed its outlook on the Baa2 rated Albert Einstein Healthcare Network to negative from stable.

Standard & Poor's on Friday announced that it would take no rating action on Texas Health Resources as two nurses who contracted Ebola from a patient at its Presbyterian Dallas hospital were declared cured.

Good Shepherd Medical Center faces another possible downgrade on its junk-bond rating from Moody's Investors Service after missing a deadline to sell assets, analysts warned.