The following hospital and health system rating and outlook changes and affirmations took place during the past week, starting with the most recent.
1. Moody's assigns 'Aa2' rating to BJC Health's bonds
Moody's Investors Service assigned an "Aa2" rating to St. Louis-based BJC Health System's proposed $150 million of series 2015 taxable fixed rate revenue bonds.
2. Moody's affirms Calvert Health System's bond rating
Moody's Investors Service affirmed the "A3" rating assigned to Frederick, Maryland-based Calvert Health System's outstanding debt issued through the Maryland Health and Higher Educational Facilities Authority.
3. Fitch affirms rating on MemorialCare's outstanding debt
Fitch Ratings affirmed the "AA-/F1+" ratings on the outstanding debt of MemorialCare Health System, a six-hospital network based in Fountain Valley, Calif.
4. Moody's upgrades UNC Hospital's outlook to stable
Moody's Investors Service affirmed Chapel Hill-based University of North Carolina Hospital's "Aa3" and "Aa3/VMIG 1" debt ratings and upgraded the hospital's outlook from negative to stable.
5. Moody's affirms Northeast Hospital Authority's bond rating
Moody's Investors Service affirmed the "A2" rating on Kingwood, Texas-based Northeast Hospital Authority's series 1997 bonds.
6. Moody's assigns 'A1' rating to Vidant Health's bonds
Moody's Investors Service assigned an "A1" rating on Greenville, N.C.-based Vidant Health's $278 million of series 2015 revenue bonds to be issued by the North Carolina Medical Care Commission.
7. Moody's affirms Greater Baltimore Medical Center's bond ratings
Moody's Investors Service affirmed Towson, Md.-based Greater Baltimore Medical Center's "A2" and "A2/VMIG 1" bond ratings on $105 million of outstanding debt issued through the Maryland Health and Higher Educational Facilities Authority.
8. Fitch rates Pocono Health System's series 2015 bonds
Fitch Ratings assigned an "A" long-term rating on approximately $41.8 million of series 2015 revenue bonds to be issued on behalf of East Stroudsburg, Pa.-based Pocono Health System by the Monroe County Hospital Authority.
9. Fitch upgrades Baptist Health Care's bond rating to 'A-'
Fitch Ratings upgraded the rating on $146.5 million of Pensacola, Fla.-based Baptist Health Care's series 2010A revenue bonds to "A-" from "BBB+," and revised the system's outlook to stable from positive.
10. Moody's affirms Martin Memorial Medical Center's 'Baa1' bond rating
Moody's Investors Service affirmed Stuart, Fla.-based Martin Memorial Medical Center's "Baa1" bond rating on $156.5 million of debt issued through the Martin County Health Facilities Authority.
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