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 downgrades St. Luke's revenue bonds to 'A3', outlook stable
Moody's Investors Service assigned an "A3" rating to Boise, Idaho-based St. Luke's Health System's planned $166 million series 2014A fixed rate revenue bonds and downgraded the health system's parity debt to "A3" from "A2."
2. Fitch affirms Cottage Health System's 'AA-' rating
Fitch Ratings affirmed the "AA-" rating on revenue bonds issued on behalf of Santa Barbara, Calif.-based Cottage Health System and affirmed the health system's stable outlook.
3. Moody's assigns Mount Sinai Medical Center 'Baa1' rating, outlook stable
Moody's Investors Service assigned a "Baa1" long-term rating to Miami Beach, Fla.-based
4. Fitch affirms Banner Health's 'AA-' rating
Fitch Ratings affirmed the "AA-" rating on Phoenix-based Banner Health System's outstanding debt.
5. Fitch affirms OSF Healthcare System's 'A' rating, outlook stable
Fitch Ratings affirmed the "A" rating on bonds issued by the Illinois Finance Authority on behalf of Peoria, Ill.-based OSF Healthcare System.
6. Moody's confirms Good Shepherd Medical Center's 'Ba3' rating, outlook negative
Moody's Investors Service confirmed the "Ba3" rating assigned to Longview, Texas-based
7. S&P revises UHS outlook to positive, affirms "BB" rating
Standard & Poor's Ratings Services revised its rating outlook for King of Prussia, Pa.-based Universal Health Services to positive from stable.
More articles on hospital credit ratings:
Moody's affirms Aspen Valley Hospital District's 'Baa2' rating, outlook stable
Fitch affirms Harris County Hospital District's 'A' rating, outlook stable
Fitch Upgrades Stanford Hospital & Clinics' Rating to 'AA'