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 upgrades Genesis Health System's outlook
Moody's Investors Service upgraded Davenport, Iowa-based Genesis Health System's outlook to stable from negative.
2. Moody's affirms Phoebe Putney Memorial Hospital's bond rating
Moody's Investors Service affirmed the "A1" long-term bond rating assigned to Albany, Ga.-based Phoebe Putney Memorial Hospital's $106.2 million of outstanding certificates.
3. Fitch rates Presbyterian Healthcare Services' bonds
Fitch Ratings assigned an "AA" rating to the expected issuance of approximately $222.8 million of series 2015A New Mexico Hospital Equipment Loan Council hospital revenue bonds on behalf of Albuquerque, N.M.-based Presbyterian Healthcare Services.
4. Moody's affirms Palmetto Health Alliance's bond rating
Moody's Investors Service affirmed the "Baa1" ratings assigned to Columbia, S.C.-based Palmetto Health Alliance's bonds.
5. Moody's assigns rating to Lee Memorial Health System's bonds
Moody's Investors Service assigned an "A2" rating to Fort Myers, Fla.-based Lee Memorial Health System's proposed $280.3 million of series 2015A fixed rate revenue and refunding bonds.
6. Moody's assigns rating to Atlantic Health System's bonds
Moody's Investors Service assigned an "A1" rating to Morristown, N.J.-based Atlantic Health System's proposed $200 million of series 2015 taxable bonds.
7. Moody's upgrades Saint Vincent Hospital's outlook
Moody's Investors Service upgraded Erie, Pa.-based Saint Vincent Hospital's outlook to stable from negative.
8. Moody's downgrades Jefferson Regional Medical Center's bond rating
Moody's Investors Service downgraded Jefferson Hills, Pa.-based Jefferson Regional Medical Center's bond rating to "Baa3" from "Baa2," affecting approximately $105 million of outstanding debt.
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