Not-for-profit healthcare

Fitch and S&P have now joined Moody’s in downgrading the Renton, Washington-based healthcare system’s $6 billion of bonds.

The 12 announced transactions in the first quarter marked the lowest since Kaufman Hall began tracking the activity in 2016.

Continued market demand means not-for-profit hospitals must think about their ESG strategy, according to a Kaufman Hall analyst.

The combined Utah-based Intermountain and Colorado-based SCL will operate 33 hospitals and 385 clinics in Utah, Idaho, Nevada, Colorado, Montana, Wyoming, and Kansas.

SSM returns to the market with $323 million, highlighting its stronger balance sheet, ESG efforts, and medical partnerships that reflect a sector trend.

Bondholders will vote on a Chapter 9 bankruptcy exit plan that would pay full principal and interest on Atoka County Medical Center bonds.

Mayo is publicly offering $516 million of tax-exempt bonds and privately placing $200 million of taxables.

As hospital margins recover from the latest surge, Moody's warns of challenges from the pandemic-driven acceleration of the trend away from in-hospital care.

The Illinois Finance Authority signed off on the financing cementing NorthShore University HealthSystem’s recently closed merger with Edward-Elmhurst Health.

A judge has set a March 23 hearing on the Atoka County Healthcare Authority’s disclosure statement for its plan to end a five-year-long bankruptcy.