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Escalating costs led University of Utah Health to seek a doubling of its bonding authority from the state legislature for a medical campus project.
February 29 -
After two auctions, Mercy Hospital, a nonprofit hospital in Iowa City, was sold, but bondholders' recovery will hinge on the Chapter 11 liquidation process.
February 6 -
The bond trustee for the city of Nevada, Missouri-owned Nevada Regional Medical Center declared its bonds to be in default.
February 2 -
Fitch Ratings recently downgraded Marshfield Clinic Health System, a nonprofit group of 11 hospitals in central Wisconsin, to BBB from BBB-plus.
January 31 -
Providing care for thousands of migrants is contributing to the system's escalating uncompensated care costs.
January 23 -
Altadena, California-based Episcopal Communities & Services for Seniors was able to sell bonds through a treasurer's conduit thanks to the new state law.
January 19 -
Bonds issued through the Westchester County Local Development Corp. will create a centralized base for the nonprofit's blood distribution and lab operations.
January 16 -
Bonds used to buy eight senior living properties in Michigan and Ohio are likely to default within six months, S&P Global Ratings said.
January 4 -
Medford, Oregon-based Asante Health enters 2024 with negative outlooks from Fitch and S&P as it works to complete expansion projects amid industry headwinds.
December 29 -
The deal includes $300 million of new money to embark on a $1.4 billion five-year capital plan.
December 14