10 recent hospital, health system outlook and credit rating actions

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 revises Yakima Valley Memorial Hospital's outlook to negative
Moody's Investors Service affirmed its 'Baa3' on Yakima (Wash.) Valley Memorial Hospital's revenue bonds, affecting $31 million of rated debt.

2. Moody's assigns 'A2' to Blanchard Valley Regional Health Center's bonds
Moody's Investors Service assigned its "A2" rating to Findlay, Ohio-based Blanchard Valley Regional Health Center's proposed $83.7 million series 2017 revenue bonds. 

3. Fitch revises Prime Healthcare Foundation's outlook to negative
Fitch Ratings assigned its "BB-" rating to Ontario, Calif.-based Prime Healthcare Foundation's proposed $123 million series 2017A and $127 million series 2017B.

4. Moody's upgrades UMass Memorial Health Care's rating to 'Baa2'
Moody's Investors Service upgraded Worcester, Mass.-based UMass Memorial Health Care's rating to "Baa2" from "Baa3," affecting $100 million of outstanding debt.  

5. Fitch affirms 'BBB' on University Hospital's revenue bonds
Fitch Ratings affirmed its "BBB" rating on Newark, N.J.-based University Hospital's series 2015A revenue bonds, affecting $255 million of debt. 

6. S&P revises Montrose Memorial Hospital's outlook to negative
S&P Global Ratings affirmed its "BBB-" rating on Montrose (Colo.) Memorial Hospital's series 2003 bonds. 

7. Moody's affirms 'Baa3' on Jefferson Regional Medical Center
Moody's Investors Service affirmed its "Baa3" rating on Pine Bluff, Ark.-based Jefferson Regional Medical Center's bonds, affecting $93 million of debt.

8. Moody's affirms 'Ba2' on St. Vincent Hospital
Moody's Investors Service affirmed the "Ba2" rating on Erie, Pa.-based St. Vincent Hospital's outstanding bonds, affecting $82 million of debt. 

9. Moody's downgrades Southeast Georgia Health System to 'A3'
Moody's Investors Service downgraded Brunswick-based Southeast Georgia Health System's revenue bonds from "A2" to "A3," affecting $142 million of outstanding debt.  

10. Moody's assigns 'Aa3' to University of Pennsylvania Health System
Moody's Investors Service assigned its "Aa3" rating to Philadelphia-based University of Pennsylvania Health System's proposed $200 million series 2017 taxable bonds as well as its proposed $400 million series A of 2017 revenue bonds. 

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