Not-for-profit healthcare

Altru's deal drew a downgrade from Fitch Ratings and a raised outlook from Moody's Investors Service.

The taxable deal from Georgia's largest not-for-profit health system offers investors three index-eligible bullet maturities in 10, 20 and 30 years.

As hospitalizations surge because of the new coronavirus variant, Fitch Ratings and Kaufman Hall warn of threats to not-for-profit healthcare's fiscal recovery.

Cyber criminals threaten the safety of patients and the financial health of hospitals. The life-and-death stakes underscore the importance of online security.

Kyle Hemminger joined Cain Brothers this month in Columbus, Ohio.

Cyberattacks pose rising operational costs and can hinder revenue generation for hospitals and health systems eventually leading to rating hits, Fitch warns.

The Great Lakes Senior Living Communities is working with holders of its $380 million of debt to raise funds for needed capital expenses

The prominent Chicago health system's refunding will simplify its debt structure, cut interest rates, and provide longer-term fixed financing.

Hospital consolidation continued though the coronavirus pandemic; how the Biden administration's pro-competition executive order will play out remains unknown.

Following the change, S&P now views all U.S. public finance sectors as stable with the exception of higher education.