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Illinois’ Credit Rating Nearly Junk

Illinois’ credit rating is one ding away from junk status. Credit ratings agency Fitch Ratings lowered the state’s lowest-in-the-nation credit rating to “Triple B Negative” based on their expectation that the state will have difficulty navigating the COVID-19 pandemic’s economic effects. Two other ratings... Read More.

Ferrel Hospital Achieves 4-Star Rating

Ferrel Hospital Achieves 4-Star Rating.The Illinois Critical Access Hospital Network (ICAHN) recently recognized Ferrell Hospital, Eldorado, for its ongoing commitment to exceptional quality of care. Ferrell Hospital was recognized for achieving a ‘4-Star’ HCAHPS rating and for being the most improved over one... Read More.
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The Illinois Funds Receives Top Credit Rating

S&P Global Ratings has issued The Illinois Funds investment pool a AAAm credit rating, the highest available, Illinois State Treasurer Michael Frerichs said. The strong, positive rating of the treasurer’s office investment fund counters the string of downgrades and negative outlooks issued to instruments issued... Read More.

SIC Maintains Solid Credit Rating

Despite great strains on higher education due to the budget impasse in Springfield, Southeastern Illinois College has maintained its solid credit rating of AA- by Standard and Poor’s. “We’re in the high grade section of the ratings scale,” said President Jonah Rice, Ph.D. “While some... Read More.