Industry Report Card: U.S. Corporate Health Care Jul 05

  • ID: 1789302
  • July 2005
  • Region: United States
  • Standard & Poors
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  • Abbott Laboratories
  • Bard (C.R.) Inc.
  • Cooper Cos. Inc.
  • HCR HealthCare LLC
  • MedPointe Inc.
  • ResMed Inc.
  • MORE

Negative credit actions for U.S. corporate health care companies in the second half of 2005 may contribute to the prevalence of downgrades for the year as a whole in the sector. Despite the placement of three issuer ratings on CreditWatch Positive during the past quarter, almost three-quarters of total sector CreditWatch listings carry negative implications. They reflect operational issues facing individual credits in a variety of health care industry subsectors and, to a lesser extent, potential acquisition and financial transactions. Accordingly, given the predominance of negative CreditWatch listings and the nearly even balance in rating actions thus far in 2005, this could be the second year in a row that downgrades exceed upgrades. This is by no means a foregone...

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.

Note: Product cover images may vary from those shown
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- Abbott Laboratories
- Wyeth
- Bausch & Lomb Inc.
- Becton Dickinson & Co.
- Beverly Enterprises Inc.
- Bristol-Myers Squibb Co.
- Valeant Pharmaceuticals International Inc.
- Johnson & Johnson
- Eli Lilly & Co.
- HCR HealthCare LLC
- Merck & Co. Inc.
- Tenet Healthcare Corp.
- Applied Biosystems Inc.
- Pfizer Inc.
- Schering-Plough Corp.
- Service Corp. International
- Universal Health Services Inc.
- La Petite Academy Inc.
- Health Management Associates Inc.
- Bard (C.R.) Inc.
- St. Jude Medical Inc.
- Millipore Corp.
- Cooper Cos. Inc.
- AMI Holdings Inc.
- Alliance HealthCare Services
- Baxter International Inc.
- Allergan Inc.
- Beckman Coulter Inc.
- Chiron Corp.
- Community Health Systems Inc.
- Amgen Inc.
- Genzyme Corp.
- Hill-Rom Holdings Inc.
- Elan Corp. PLC
- Fisher Scientific International Inc.
- HCA Inc.
- Omnicare Inc.
- Apria Healthcare Group Inc.
- Alderwoods Group Inc.
- Stewart Enterprises Inc.
- DaVita HealthCare Partners Inc.
- Nabi Biopharmaceuticals
- Guidant Corp.
- Quintiles Transnational Corp.
- Owens & Minor Inc.
- Boston Scientific Corp.
- Caremark Rx Inc.
- Quest Diagnostics Inc.
- Concentra Inc.
- Teva Pharmaceutical Industries Ltd.
- Laboratory Corp. of America Holdings
- Sunrise Senior Living Inc.
- PSS World Medical Inc.
- Kinetic Concepts Inc.
- Extendicare Health Services Inc.
- Actavis, Inc.
- Universal Hospital Services Inc.
- Rural/Metro Corp.
- ConMed Corp.
- Res-Care Inc.
- HealthTronics Inc.
- Skilled Healthcare Group Inc.
- Radiologix Inc.
- Alpharma Inc.
- Phibro Animal Health Corp.
- InSight Health Services Corp.
- Stryker Corp.
- King Pharmaceuticals Inc.
- Sepracor Inc.
- Team Health Inc.
- Triad Hospitals Inc.
- LifePoint Health, Inc.
- Matria Healthcare Inc.
- Express Scripts Inc.
- VCA Inc.
- Hanger Inc.
- DJO Inc.
- Medtronic Inc.
- Bio-Rad Laboratories Inc.
- Charles River Laboratories International Inc.
- IASIS Healthcare Corp.
- Inamed Corp.
- Warner Chilcott Corp.
- Vanguard Health Systems Inc.
- Vicar Operating Inc.
- Sybron Dental Specialties Inc.
- Genentech Inc.
- Extendicare Inc
- Select Medical Corp.
- Zimmer Biomet Holdings, Inc.
- Accellent Inc.
- MedPointe Healthcare Inc.
- MedPointe Inc.
- ResMed Inc.
- United Surgical Partners International Inc.
- Rotech Healthcare Inc.
- US Oncology Inc.
- Accredo Health Inc.
- Biogen Inc.
- Advanced Medical Optics Inc.
- Medco Health Solutions Inc.
- MedQuest Inc.
- AmeriPath Inc.
- Knowledge Universe Education LLC
- National Mentor Holdings Inc.
- Serologicals Corp.
- Cross Country Healthcare Inc.
- Dade Behring Holdings Inc.
- Psychiatric Solutions Inc.
- AHS Medical Holdings LLC
- Genesis HealthCare Corp.
- MedCath Holdings Corp.
- AMN Healthcare Inc.
- NeighborCare Inc.
- Alere Inc.
- Orthofix International N.V.
- Sheridan Healthcare Inc.
- VWR Funding Inc.
- Curative Health Services Inc.
- Renal Care Group Inc.
- Hospira Inc.
- MedImmune Inc.
- Sterigenics International Inc.
- Chemed Corp.
- Arizant Inc.
- DJO Global Inc.
- Triumph HealthCare Holdings Inc.
- Carriage Services Inc.
- Aircast Inc.
- Center for Diagnostic Imaging Inc.
- InterDent Inc.
- PharmaNet Development Group Inc.
- Spheris Inc.
- Envision Healthcare Corp.
- Diagnostic Imaging Group LLC
- CRC Health Corp.
- MSC - Medical Services Co.
- Mylan Inc.

Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown




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