BHI Healthcare Group Arranges $31M Acquisition Financing for New Jersey Assisted Living Facility

S&P dropped the rating on municipal bonds issued for Samaritan Medical Center in Watertown, New York, by two notches to BB, two steps below investment grade.

"Butler financial results through December 31 suggest that its operating challenges persist, exacerbated by inflationary pressures on labor and supplies, but also patient volumes, which have yet to rebound to pre-pandemic levels," Fitch said.

Mercy Health is evaluating its alternatives regarding its existing debt profile, including the potential issuance of new tax-exempt and/or taxable debt to finance or reimburse anticipated or incurred eligible costs in the estimated amount of up to $375 million.