For the record.(Brief Article)

* BJC debt downgraded. BJC Health System's $91 million in long-term debt was downgraded last week by Moody's Investors Service to Aa3 from Aa2 with a negative outlook. Moody's blamed three consecutive years of declining operating returns. Last year, St. Louis-based BJC suffered losses of $25 million on its physician practices and losses of $28 million on capitated contracts. The system is engaged in a massive capital improvement program that will further strain its liquidity, according to New York-based Moody's. Unrestricted cash on hand fell to $514 million, or 104 days' worth, as of Dec. 31, 1999, compared with $841 million, or 221 days' cash, as of Dec. 31, 1996.

* CHW sues Calif. Blues. Catholic Healthcare West, San Francisco, has sued Blue Cross of...

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