Healthcare industry

Fitch Ratings upgraded to BBB $71.3 million in revenue bonds issued by the Hawaii Department of Budget & Finance for a 392-unit retirement community and revised the outlook to stable from positive.

Moody's Investors Service has downgraded to A3 from A2 the rating on Fred Hutchinson Cancer Research Center in Seattle.

Miami-Dade County expects to issue $101 million of general obligation bonds in July for the publicly owned Jackson Health System.

Moody's Investors Service has revised its outlook on Iowa-based St. Anthony Regional Hospital's Baa2 rating to negative.

Standard & Poor's dropped Centegra Health System in Illinois' rating by one level to BBB ahead of its nearly $200 million sale of debt through a public offering and direct bank placements.

Moody's said it may downgrade Henry Ford Health, one of Michigan's largest providers, due to continued operating performance declines and other challenges.

A western Oklahoma hospital that has struggled to hire doctors falls another notch below investment grade on the Fitch Ratings scale.

State University of New York broke off talks Monday with Brooklyn Health Partners, the high bidder to buy money-losing Long Island College Hospital.

Standard & Poor's revised its outlook on Mayo Clinic's AA rating to stable from negative due to its improved operating results.

Madison-based University of Wisconsin Health and Illinois-based SwedishAmerican Health System announced plans to merge.

A federal decision is a credit positive for New York's nonprofit hospitals, said Moody's Investors Service.

S&P cut the ratings on the bonds of Tuomey Healthcare System in South Carolina two notches, to CC from CCC, citing the hospital's plan to file for bankruptcy if it fails to prevail in a federal lawsuit.

Junk-rated Citrus Memorial Hospital in Florida continues to see financials decline and its ratings drop further into junk territory while its bonds continue to trade near par.

Fitch Ratings upgraded the rating on Central Washington Hospital in Wenatchee, Wash., based on its improved financial performance.

South Carolina's Tuomey Healthcare System told bondholders Wednesday that it will file for bankruptcy if it cannot resolve a dispute with the federal government, which won a $237 million judgment against the hospital.

Palo Alto, Calif.-based Lucile Salter Packard Children's Hospital received Double A ratings from the three top rating agencies ahead of plans Monday to price $100 million in fixed-rate revenue bonds and $100 million of unrated, private placement, variable rate bonds.

Officials at Ohio-based Promedica Health System Inc. said they would go to the U.S. Supreme Court if necessary after a federal appeals court ruled a merger with another local provider would be anticompetitive.

St. Louis-based SSM Health Care heads into the market Wednesday with a $260 million sale that represents one piece of a roughly $1 billion debt restructuring aimed at streamlining and trimming the system's annual interest costs.

Standard & Poor's has revised its outlook on Rush University Medical Center Obligated Group’s A rating to positive from stable.

Standard & Poor's downgraded Daughters of Charity Health System, Calif. by six notches to junk level B-minus following the system's earlier announcement that it is looking for buyers for its hospitals.