Healthcare industry

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.

Moody's Investors Service downgraded the issuer rating for Torrance Memorial Medical Center to A3 even as the Southern California hospital looked to complete construction on its new patient tower six months early.

The Internal Revenue Service has closed an audit of series 2005E and series 2007B hospital revenue bonds issued by the Highlands County, Fla. Health Facilities Authority with no change to the bonds’ tax-exempt status.

Moody's Investors Service revised its outlook to negative on Indiana-based Franciscan Alliance, affecting more than $1.1 billion of debt.

Non-profit hospitals in states that have opted not to expand their Medicaid programs under the new federal health care law will face financial problems and rating pressure next year, Fitch Ratings warned.

Fitch downgraded the rating of Florida's Citrus Memorial Hospital to B-minus from B after the embattled hospital paid off some bank bonds early.

Moody's Investors Service revised Citrus Valley Health Partners outlook to positive from stable and affirmed its Ba2 bond rating affecting $67.7 million in rated debt.

California counties' savings from the health insurance expansion under the Affordable Care Act will be offset by other state funding cuts, according to Moody's.

An Ohio legislative board Monday approved an expansion of the state's Medicaid program under the new federal health care law, marking a victory for Gov. John Kasich.

Early voting is under way in Miami-Dade County where voters are being asked to approve $830 million in general obligation bonds for the public Jackson Health System.