The following hospital and health system credit rating and outlook changes and affirmations took place in the last week, beginning with the most recent.
1. Moody's assigns 'Baa3' rating to Southeast Hospital's revenue bonds
Moody's Investors Service assigned its "Baa3" rating to Cape Girardeau, Mo.-based Southeast Hospital's series 2016A and series 2016B revenue bonds, affecting $38.8 million of debt. The bonds were previously issued through the Industrial Development Authority of the County of Cape Girardeau and the Industrial Development Authority of Stoddard County. Southeast Hospital does business as SoutheastHealth.
2. Moody's affirms 'A3' rating on Rolling Plains Memorial Hospital's debt
Moody's Investors Service affirmed its "A3" rating on Nolan County Hospital District's, general obligation limited tax debt. Nolan County Hospital District does business as Rolling Plains Memorial Hospital.
3. Moody's affirms Baxter Regional Medical Center's 'Baa2'
Moody's Investors Service affirmed its "Baa2" rating on Mountain Home, Ark.-based Baxter Regional Medical Center's revenue bonds, affecting $47 million of rated debt.
4. S&P downgrades Lahey Health System Obligated Group bond rating to 'A'
S&P Global Ratings downgraded the rating to "A" from "A+" on Burlington, Mass.-based Lahey Health System Obligated Group's series 2015F revenue bonds, affecting $262 million of debt.