13 recent hospital outlook and credit rating actions

The following hospital and health system rating and outlook changes and affirmations have taken place in the last week, beginning with the most recent.

1. S&P affirms 'CCC' rating on Verity Health System's bonds, revises outlook to positive
S&P Global Ratings affirmed the "CCC" rating on Redwood City, Calif.-based Verity Health System's $273 million of series 2005A, 2005F, 3005G and 2005H fixed-rate bonds.

2. Fitch assigns 'AA' rating to Seattle Children's Hospital's bonds
Fitch Ratings assigned an "AA" rating to Seattle Children's Hospital's $114 million of series 2017A fixed-rate revenue bonds, which are expected to price the week of March 13. The bonds will provide approximately $125 million for future capital expenditures.

3. Moody's assigns 'Aa2' rating to Seattle Children's Healthcare System's bonds
Moody's Investors Service assigned an "Aa2" rating to Seattle Children's Healthcare System's proposed $114 million of series 2017A fixed-rate revenue bonds.

4. Moody's downgrades rating on Monongahela Valley Hospital bonds to 'Ba1'
Moody's Investors Service downgraded the underlying rating assigned to Monongahela (Pa.) Valley Hospital's series 2011A and 2011B variable-rate demand bonds to "Ba1" from "Baa2," affecting approximately $23.7 million of rated debt.

5. Moody's assigns 'A1' rating to El Camino Hospital's bonds
Moody's Investors Service assigned an "A1" rating to Mountain View, Calif.-based El Camino Hospital's proposed $286 million of series 2017 fixed-rate revenue bonds and maintained the "A1" rating on ECH's parity revenue bonds.

6. S&P raises rating on University of Wisconsin Hospitals and Clinics Authority's bonds to 'AA-'
S&P Global Ratings raised the long-term rating to "AA-" from "A+" on Madison-based University of Wisconsin Hospitals and Clinics Authority's series 2013 healthcare revenue bonds.

7. S&P assigns 'A+' rating to TriHealth's bonds
S&P Global Ratings assigned an "A+" long-term rating to Cincinnati-based TriHealth's $300 million of series 2017A hospital facilities revenue bonds. 

8. Fitch affirms 'BB+' rating on Beatrice Community Hospital & Health Center's bonds
Fitch Ratings affirmed the "BB+" rating on Beatrice (Neb.) Community Hospital & Health Center's $30 million of series 2010B healthcare facilities revenue bonds. 

9. Fitch affirms 'BBB+' rating on Jupiter Medical Center's bonds
Fitch Ratings affirmed the "BBB+" rating on Jupiter (Fla.) Medical Center's $43.6 million of series 2013A bonds. 

10. Moody's affirms '#Aaa' rating to CentraCare Health System's bonds
Moody's Investors Service assigned an "#Aaa" rating to St. Cloud, Minn.-based CentraCare Health System's series 2010A revenue bonds. 

11. Moody's affirms 'Baa2' rating on Aspen Valley Hospital District's bonds
Moody's Investors Service affirmed the "Baa2" rating on Aspen (Colo.) Valley Hospital District's $10 million of outstanding bonds. 

12. S&P affirms 'A' rating on Dignity Health's bonds, outlook remains negative
S&P Global Ratings affirmed the "A" long-term rating on several of San Francisco-based Dignity Health's tax-exempt and taxable bonds.

13. S&P revises Memorial Hospital and Health Center's outlook to negative
S&P Global Ratings revised Jasper, Ind.-based Memorial Hospital and Health Center's outlook to negative from stable. 

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