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Team Health Holdings, Inc.: Update to credit analysis following upgrad...

Our credit view of this issuer reflects its very high financial leverage high debt service costs, and challenging operating environment offset by large scale and strong competitive position.

Moody's Ratings upgrades Team Health's CFR to Caa1; outlook stable

Moody's Ratings (Moody's) upgraded Team Health Holdings, Inc.'s ("Team Health") Corporate Family Rating (CFR) to Caa1 from Caa3 and Probability of Default Rating (PDR) to Caa1-PD from Caa3-PD. We also upgraded the instrument rating of the senior secured term loan B to Caa2 from Ca. The outlook is st...

Team Health Holdings, Inc.: Update to credit analysis

Our credit view of this issuer reflects its very high financial leverage that is only in part mitigated by its good scale in the highly fragmented physician staffing industry.

Moody's Ratings upgrades Team Health's CFR to Caa3 from Ca; appends li...

Moody's Ratings (Moody's) upgraded Team Health Holdings, Inc.'s ("Team Health") Corporate Family Rating (CFR) to Caa3 from Ca and Probability of Default Rating (PDR) to Caa3-PD/LD (/LD appended) from Ca-PD. We also downgraded the instrument rating of the senior secured term loan B to Ca from Caa3. T...

Team Health Holdings, Inc.: Update to credit analysis

Our credit view of this issuer reflects its good scale in the highly fragmented physician staffing industry, constrained by its very high financial leverage.

Team Health Holdings, Inc.: Update to credit analysis

Our credit view of this issuer reflects its good scale in the highly fragmented physician staffing industry, constrained by its very high financial leverage.

Moody's downgrades Team Health's CFR to Ca from Caa3, outlook stable

Moody's Investors Service ("Moody's") downgraded Team Health Holdings, Inc.'s ("Team Health") Corporate Family Rating (CFR) to Ca from Caa3, Probability of Default Rating (PDR) to Ca-PD from Caa3-PD, senior secured revolving credit facility and senior secured term loan B debt rating to Caa3 from Caa...

Team Health Holdings, Inc.: Update following downgrade of CFR to Caa3

Our credit view of this issuer reflects significant refinancing risk as the company's large debt maturities come due in the next 2 years.

Moody's downgrades Team Health's CFR to Caa3 from Caa1, outlook stable

Moody's Investors Service ("Moody's") downgraded Team Health Holdings, Inc.'s ("Team Health") Corporate Family rating (CFR) to Caa3 from Caa1, Probability of Default Rating (PDR) to Caa3-PD from Caa1-PD, senior secured debt rating to Caa2 from B3 and the rating of unsecured notes to Ca from Caa3. Th...

Team Health Holdings, Inc.: Update to credit analysis following confir...

Our credit view of this issuer reflects its impending refinancing risk and high financial leverage offset by good liquidity.

Moody's confirms Team Health's Caa1 CFR, outlook stable

Rating Action: Moody's confirms Team Health's Caa1 CFR, outlook stable. Global Credit Research- 01 Mar 2022. New York, March 01, 2022-- Moody's Investors Service confirmed Team Health Holdings, Inc.' s Caa1 Corporate Family rating, Caa1-PD Probability of Default Rating, B3 rating of senior secured credit facilities consisting of a term loan and bank revolving credit facility and the Caa3 rating of unsecured notes.

Moody's reviews Team Health's ratings for upgrade

Rating Action: Moody's reviews Team Health's ratings for upgrade. Global Credit Research- 08 Feb 2022. NOTE: On February 10, 2022, the press release was corrected as follows: In the second sentence of the first paragraph of the press release, the security type for the Caa3 rating was changed to senior unsecured notes.

Team Health Holdings, Inc.: Update following review for upgrade

Our credit view of this issuer reflects the possibility of debt reduction and extension of maturities of its debt.

Moody's reviews Team Health's ratings for upgrade

Rating Action: Moody's reviews Team Health's ratings for upgrade. Global Credit Research- 08 Feb 2022. New York, February 08, 2022-- Moody's Investors Service placed the ratings of Team Health Holdings, Inc. under review for upgrade.

Moody's announces completion of a periodic review of ratings of Team H...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Team Health Holdings, Inc.. Global Credit Research- 06 Dec 2021. New York, December 06, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Team Health Holdings, Inc. and other ratings that are associated with the same analytical unit.

Team Health Holdings, Inc.: Update to credit analysis following upgrad...

Rating upgrade reflects improved financial flexibility due to extension of revolver maturity

Moody's upgrades Team Health's CFR to Caa1; outlook stable

Rating Action: Moody's upgrades Team Health's CFR to Caa1; outlook stable. Global Credit Research- 15 Jul 2021. New York, July 15, 2021-- Moody's Investors Service upgraded Team Health Holdings, Inc.' s ratings including Corporate Family Rating to Caa1 from Caa2, Probability of Default Rating to Caa1-PD from Caa2-PD, senior secured term loan rating to B3 from Caa1 and the rating of unsecured notes to Caa3 from Ca.

Team Health Holdings, Inc.: Update to credit analysis

Our credit view of Team Health, reflecting its high financial leverage and challenging operating environment.

Moody's places Team Health's rating under review for upgrade

Rating Action: Moody's places Team Health's rating under review for upgrade. Global Credit Research- 26 May 2021. New York, May 26, 2021-- Moody's Investors Service placed Team Health Holdings, Inc.' s Caa2 Corporate Family Rating, Caa2-PD Probability of Default Rating, Caa1 senior secured term loan and revolving credit facility's ratings and Ca rating of unsecured notes on review for upgrade.

Moody's announces completion of a periodic review of ratings of Team H...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Team Health Holdings, Inc.. Global Credit Research- 14 Jan 2021. New York, January 14, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Team Health Holdings, Inc. and other ratings that are associated with the same analytical unit.

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