Vancouver, Wash.-based PeaceHealth has recently had its credit rating downgraded by two different rating agencies.
Standard & Poor's downgraded the nine-hospital Catholic network to A from A+. Fitch Ratings downgraded Peacehealth to A+ from AA-. The good news is both agencies also revised the nonprofit health system’s rating outlook to stable from negative.
“We have been on negative outlook with both the agencies that rate us,” said Roshan Parikh, PeaceHealth’s treasury director. “And…
Vancouver, Wash.-based PeaceHealth has recently had its credit rating downgraded by two different rating agencies.
Standard & Poor's downgraded the nine-hospital Catholic network to A from A+. Fitch Ratings downgraded Peacehealth to A+ from AA-. The good news is both agencies also revised the nonprofit health system’s rating outlook to stable from negative.
“We have been on negative outlook with both the agencies that rate us,” said Roshan Parikh, PeaceHealth’s treasury director. “And…