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A higher-than-expected 2015 operating loss at Illinois-based Presence Health is expected to trigger a technical default that would allow bondholders and banks to accelerate some debt repayments.
March 21 -
Presence Health, one of the Chicago areas largest not-for-profit systems, is under review for a downgrade as Moodys Investors Service digs into its fiscal 2015 results.
March 11 -
The savings are that New York City Mayor Bill de Blasio trumpets from significant changes to the citys employee health plans are a matter of debate.
March 11 -
The North Broward Hospital District in Florida saw Moodys Investors Service drop its bond ratings three notches to Baa2 amid a severe decline in revenue and new probes into its operations.
February 29 - Texas
A sharp decline in cash sent the Mission, Texas, Hospital District's rating further into junk territory, according to Moody's Investors Service.
February 26 -
Sacramento, Calif.s creation of a long-term plan to fund its retiree healthcare benefits has put the city on a more sustainable trajectory, Moody's Investors Service said Friday.
February 26 -
The Wyoming Senate rejected a measure that would have expanded Medicaid in the state, a step Gov. Matt Mead had urged support of and that he said would have brought more federal money to Wyoming.
February 22 -
Verity Health System of California agreed to repay its $278.6 million in junk-rated revenue bonds at a higher interest rate in exchange for relaxed debt service coverage requirements.
February 18 -
New Jersey could achieve more than $2 billion in annual savings by aligning public worker health care benefits more closely to private-sector employer standards, according to a new report released Thursday by Gov. Chris Christies bipartisan pension commission.
February 11 -
Fiscally distressed Wayne County, Mich., expects $23 million in fiscal 2016 budget relief from cuts in retiree healthcare benefits that trimmed $850 million from its unfunded liabilities.
February 4