Healthcare industry

Moody's Investors Service cut its rating to Baa2 from Baa1 on Crittenton Hospital, a stand-alone provider that operates in an affluent Detroit suburb.

Moody’s Investors Service has revised its outlook on Gundersen Lutheran’s A1 rating to stable from negative in recognition of the hospital system’s strengths and favorable operating performance.

Standard & Poor's has raised its rating on the Saratoga County Industrial Development Agency's bonds issued for Saratoga Hospital in New York to A-minus from BBB-plus.

Gov. Chris Christie signed legislation on Wednesday to integrate all but two units of the University of Medicine and Dentistry of New Jersey into Rutgers, the State University of New Jersey.

Moody's Investors Service has placed Saint Peter's University Hospital's Baa3 bond rating on review for downgrade, affecting $165.7 million of outstanding rated debt.

Moody's Investors Service downgraded Lowell General Hospital's debt to Baa2 from Baa1 and removed the rating from under review.

Moody’s Investors Service has revised its outlook on the OSF Healthcare System’s A3 rating to positive from stable in recognition of improved operating performance and market share.

Lured by attractive Treasury rates and the absence of tax-exempt compliance, the Mayo Clinic is accelerating its new-money borrowing plans and opting to go with taxable paper in a $300 million issue pricing as soon as this week.

A new push is on in California to readdress whether some nonprofit hospitals deserve their tax-exempt status.

Four bond-financed health care projects totaling more than $900 million won approval from the Illinois Finance Authority Tuesday, clearing the way for three of the issuers to head to market next month.

Minnesota's HealthEast Care System won back its investment grade rating last week from Standard & Poor's in recognition of its improving balance sheet.

To prevent further siphoning of revenues from bankrupt Jefferson County's general fund, commissioners will decide whether to close the county's indigent-care hospital.

Travis County, Texas, voters should vote in November to raise the hospital district's property tax rate by 5 cents to support construction of a new medical school in Austin, state Sen. Kirk Watson said Monday.

The judge in Stockton's bankruptcy case has denied an injunction that would have kept the city from cutting retiree medical benefits during the Chapter 9 process.

Moody's Investors Service calls a bill designed to rein in health care costs a credit negative for Massachusetts hospitals because it will limit revenue growth and reduce operating flexibility.

Outgoing Indiana Gov. Mitch Daniels last week asked the state's three gubernatorial candidates for their input on steps to implementing the new federal health care law.

Louisiana must move quickly to avoid damage to its Medicaid program resulting from a sooner-than-expected end to federal assistance, state Treasurer John Kennedy said last week in outlining a 14-step plan.

Fitch Ratings has downgraded Elmhurst Memorial Healthcare's rating one level to BBB-plus and warned of impending further negative action by placing it on rating watch negative, due to the Illinois hospital's financial performance.

After being postponed a week, the NYU Hospitals Center's $250 million taxable bond sale will come to the market sometime this week — possibly as early as Tuesday.

Moody's Investors Service raised its rating one notch to A2 on $160 million of Alexian Brothers Health System's still outstanding after its acquisition by Ascension Health Alliance.