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Moodys Investors Service has raised Minneapolis-based Fairview Health Services rating by one level to A2 ahead of its upcoming revenue bond sale for $120 million.
July 20 -
The Daughters of Charity Health System has reached an agreement with a private investment firm that will invest $250 million in the ailing California hospital nonprofit.
July 20 -
Tampa General Hospital in west-central Florida has been upgraded to A from A-minus by Fitch Ratings due to a "significant strengthening of liquidity metrics."
July 16 -
Standard & Poor's has downgraded Laramie County, Wyo.'s 2012 bonds issued for Cheyenne Regional Medical Center to A from A-plus.
July 15 -
A New Jersey tax court ruling stating that one of its nonprofit hospitals is not exempt from property tax payments from 2006 to 2008 is unlikely to have implications in other states, according to Fitch Ratings.
July 15 -
Providence Health & Services received a Fitch Ratings affirmation at AA ahead of plans to price two series totaling $356 million.
July 8 -
A recent New Jersey Tax Court ruling that most of the Morristown Medical Center campus did not qualify for a local property tax exemption from 2006 to 2008 is a credit negative for the state's non-profit hospitals, according to Moody's Investors Service.
July 6 -
Oregon Health and Science University will sell $100 Million of federally-taxable debt next week.
June 30 -
The Supreme Court's Thursday ruling that upheld the legality of federal subsidies under the Affordable Care Act is a win for the hospital sector that provides some stability through the remainder of the Obama presidency, analysts said.
June 25 -
Covenant violations on lines of credit and poor operations caused Howard University's bond rating to fall with the possibility of the rating declining more if the university cannot fix operations that have been running a deficit in recent years.
June 22