6 recent hospital rating and outlook changes, affirmations

The following hospital and health system rating and outlook changes and affirmations took place during the past week, starting with the most recent.

1. Fitch downgrades Dickinson County Healthcare bond rating to "B"
Fitch Ratings downgraded the rating on approximately $21.45 million in fixed rate bonds issued by Iron Mountain, Mich.-based Dickinson County Healthcare System from "BB-" to "B."

2. Moody's revises Tarrant County Hospital District's outlook to stable
Moody's Investors Service affirmed the "Aa3" rating assigned to $24.4 million of series 2012 fixed rate revenue refunding bonds issued to Fort Worth, Texas-based Tarrant County Hospital District and revised the outlook on the bonds to stable from negative.

3. Fitch issues "AA-" bond rating for Greenville Health
Fitch Ratings assigned an "AA-" rating to the expected issuance of $91 million in revenue bonds issued on behalf of Greenville (S.C.) Health System.

4. Moody's affirms Mercy Hospital's 'A3' rating
Moody's Investors Service affirmed Iowa City, Iowa-based Mercy Hospital's "A3" rating assigned to $78.2 million of outstanding bonds.

5. Fitch affirms Alexian Brothers Health System's 'A-' rating
Fitch Ratings affirmed the "A-" rating on bonds issued on behalf of Arlington Heights, Ill.-based Alexian Brothers Health System by the Illinois Finance Authority.

6. Moody's affirms King's Daughters' Health's 'Baa2' rating, outlook stable
Moody's Investors Service affirmed Madison, Ind.-based King's Daughters' Health's "Baa2" long-term rating on approximately $100 million of series 2010 fixed rate revenue bonds.

More articles on hospital credit ratings:
Fitch affirms Alexian Brothers Health System's 'A-' rating 
Moody's affirms King's Daughters' Health's 'Baa2' rating, outlook stable 
Fitch assigns 'BBB+' rating to Catholic Health Services of Long Island's bonds 

 

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