Not-for-profit healthcare

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.

The U.S. Supreme Court's upholding Obamacare removes one potential headache for a healthcare sector still recovering from the COVID-19 pandemic's wounds

Ivan Samstein will take the top fiscal post at University of Chicago Medical Center. The university will conduct a national search for his replacement.

Daniel Isacksen Jr. replaces the retiring interim chief financial officer, Cynthia Clemence, for the Livonia, Michigan-based hospital system.

The two systems began negotiations in January to transfer 14 CommonSpirit hospitals in Minnesota and North Dakota to Essentia.

Northwest Community became the second independent hospital to affiliate with the Evanston, Ill.-based NorthShore Health system over the past year.

The Illinois-based health system, with a balance sheet helped by its insurance arm, will sell $600 million of AA-minus rated debt over the next month.

Ohio's Summa Health is selling $310 million of taxable corporate CUSIP debt Wednesday.

The COVID-19 pandemic is both reinforcing traditional strategies that drive consolidation and steering new trends

With some light at the end of the pandemic tunnel, the University of Arkansas for Medical Sciences fund growth with $139 million of revenue bonds.

The nonprofit hospital sector gets a fiscal shot in the arm from federal actions but margins are likely to remain depressed this year.

The proposed sale has dual benefits: Trinity gets to shed the facility outside of bankruptcy and the facility would remain open quieting local critics.

BJC Health System is selling $805 million of mostly refunding debt with its ratings and balance sheet intact as its manages COVID-19 pandemic wounds.

The facility and a majority of bondholders agreed to a restructuring that aims to ease repayment problems not solved by the previous bankruptcy in 2016.

S&P says Trinity's efforts to shed the fiscally struggling Mercy poses benefits and risks but the hospital is a small piece of the national not-for-profit's overall portfolio.

The Michigan-based nonprofit hospital chain expects a restructuring charge from the Mercy Hospital bankruptcy but no impact to its municipal bond debt.