Fitch, Moody's Upgrade Credit Outlooks for 33 Health Systems
Becker's Hospital Review compiles a non-exhaustive list of 33 health systems that received upgraded credit rating outlooks from Fitch Ratings or Moody's Investors Service in 2026. Examples include Adena Health System moving to stable from negative, Cedars-Sinai and Cook Children's Medical Center moving to positive from stable, and Integris Health moving to positive from negative following its agreement to join Kaiser Permanente's Risant Health. Rating agencies cited factors such as improved operating performance, liquidity growth, state supplemental funding programs, philanthropy, and major capital projects as drivers behind individual revisions. The list spans systems in Ohio, Arkansas, Florida, Tennessee, California, Texas, and New York among other states.