Healthcare industry

S&P lowered its rating to AA-minus from AA on Berks County Municipal Authority, Pa.'s revenue refunding bonds, issued for Reading Health System.

Boston, Philadelphia and Baltimore typify how the 'eds and meds' presence of universities and hospitals can boost older cities' credit profiles, said Moody's.

Moody's Investors Service on Tuesday withdrew its general obligation bond rating on Tehachapi Valley Healthcare District, Calif. citing a lack of financial information for fiscal 2013, affecting $63 million in debt.

Moody's Investors Service has raised its outlook to positive on Seattle Cancer Alliance's outstanding bonds.

The felony indictment of Texas Gov. Rick Perry covers actions he took against the Travis County District Attorney's office while its investigators looked into grants to his campaign contributors from a $3 billion cancer research bond fund.

Unable to recover from its financial woes, the Doctors Medical Center in Contra Costa County is being pressured to close or significantly downsize, which could impose a financial burden on the county, according to Moody's Investors Service.

Illinois-based OSF Healthcare System's A3 rating is stabilizing due to recent operating improvements after a tough 2013, Moody's Investors Service said.

Despite strong investment gains and other improvements, a persistent underlying weakness remained the underlying theme for the non profit health care sector in 2013, according to Standard & Poor's.

Hospitals in the 24 states that have opted against expanding Medicaid under federal healthcare reform stand to lose out on $168 billion over 10 years while states will lose out on more than $400 billion, a new report from the Urban Institute concludes.

Moody's Investors Service upgraded Cooper Health System, N.J., bonds, issued through the Camden County Improvement Authority, to Baa2 from Baa3.

A recently announced increase in state-run health insurance rates is a positive for California's non-profit hospitals, according to a report from Fitch Ratings.

Halifax Hospital Medical Center in Florida will pay $11.9 million on top of $85 million to settle claims made by the federal government and a whistleblower.

Six major Wisconsin health care systems are forming a partnership aimed at lowering costs and improving care.

A $70 million unpaid bill from El Paso Children's Hospital prompts layoffs at University Medical Center and a plea for a $20 million loan from the El Paso County Commissioners.

Tuomey Healthcare System in South Carolina does not plan to file for bankruptcy, at least not at this time, the hospital told bondholders July 31.

Standard & Poor's lowered its long-term rating to A from AA-minus on bonds issued for Baptist Memorial Health Care Corp., Tenn., citing losses.

Moody's Investors Service downgraded the ratings on Wake Forest Baptist and North Carolina Baptist Hospital bonds to A2 from A1.

Despite ongoing federal court battles over the fate of the nation's health insurance system, Utah's Intermountain Healthcare Services found a receptive muni market when it priced $158 million of tax-exempt bonds July 22, officials said.

Three consumer advocacy groups filed a lawsuit accusing Tennessee of implementing policies that deny health coverage to individuals eligible for TennCare.

Hospital bankruptcies are on pace to set a record in 2014 and investors should get more involved with restructuring efforts, a firm specializing the field says.