Healthcare industry

Moody's Investors Service revised the outlook on Illinois-based Memorial Health System's A1 rating to negative from stable ahead of its sale of $60 million of revenue bonds.

The University of Texas System will open the new year with $240 million of top-rated Permanent University Fund bonds to refund commercial paper.

Community Medical Center in Missoula, Mont., maintained its Baa2 rating, but received a negative outlook from Moody's.

About $23 million of lease-revenue debt issued for a hospital in southern Kansas has fallen below investment grade, according to Moody's Investors Service.

The Illinois Finance Authority board gave a green light to two healthcare financings and renewed executive director Chris Meister's appointment for another year.

The not-for-profit health care sector has reached a negative tipping point, warned Standard & Poor's, which also said new health care law could start to impact states' larger credit profiles.

The 20 states that have rejected Medicaid expansion will cost their taxpayers billions of dollars, according to a study by the Commonwealth Fund.

A former top official for the $3 billion bond-funded Cancer Prevention and Research Institute of Texas has been indicted on felony charges.

The Internal Revenue Service is auditing $23.83 million of Series 2007 variable rate demand bonds issued by the Colorado Health Facilities Authority.

Friendship Village of Sunset Hills, Missouri will sell $58 million of bonds this week to fund a major expansion of its retirement village outside of St. Louis.

Moody's Investors Service revised its outlook on St. Joseph's Healthcare System's Ba1 rating to positive from stable on Monday.

Unfunded healthcare liabilities for retired state employees declined a bit since 2011, a new Standard and Poor's report shows, but more management is needed to protect state credits going forward.

Fifty years after the assassination of John F. Kennedy, Parkland Hospital, where he was pronounced dead, is preparing to move into a new $1.27 billion facility across the street.

More than a year after emerging from bankruptcy, Gerald Champion Regional Medical Center has a negative outlook on its B-plus speculative-grade rating from Standard & Poor's.

Two Illinois health systems – Cadence Health and Rockford Health System – announced their plans this week to merge, the latest in a long list of healthcare unions in the state in recent years.

Rhode Island municipalities are shifting retirees onto new health-care exchanges, reducing benefits and raising employee co-pays to curb soaring costs, Moody's said in a report.

Moody's Investors Service has upgraded the rating on Portland, Ore.-based Legacy Health System's revenue bonds based on improved finances.

Moody's Investors Service has revised its outlook on the University of Chicago Medical Center's Aa3 rating to negative over declines in is operating margins over the last two fiscal years.

Standard & Poor's has revised its outlook on Chicago-based Presence Health Network's BBB-plus rating to negative from stable over its operating losses.

The State University of New York promised to restore ambulance service to Brooklyn's Long Island College Hospital on Friday after opponents of the facility's closure threatened legal action, arguing the cancellation violated a Sept. 4 court order.