10 recent hospital, health system outlook and credit rating actions

The following hospital and health system credit rating and outlook changes and affirmations occurred in the last week, beginning with the most recent. 

1. Moody's affirms 'Baa1' rating on Silver Cross Hospital
Moody's Investors Service affirmed its "Baa1" rating on New Lenox, Ill.-based Silver Cross Hospital's outstanding bonds, affecting $280 million of debt.

2. Moody's affirms Children's Healthcare of Atlanta's 'Aa2' rating
Moody's Investors Service affirmed its long-term "Aa2" rating on Children's Healthcare of Atlanta, affecting $418 million of debt.

3. Fitch downgrades Holy Redeemer Health System to 'BBB-'
Fitch Ratings downgraded Huntingdon Valley, Pa.-based Holy Redeemer Health System's revenue and refunding bonds to "BBB-" from "BBB."

4. Fitch upgrades NewYork-Presbyterian Brooklyn Methodist Hospital's rating to 'A'
Fitch Ratings upgraded the rating on New York City-based NewYork-Presbyterian Brooklyn Methodist Hospital's series 2014 to "A" from "A-," affecting $25.95 million of debt. 

5. Fitch affirms Texas Children's Hospital's 'AA' rating
Fitch Ratings affirmed its "AA" long-term rating on the outstanding bonds of Houston-based Texas Children's Hospital, affecting about $666 million of debt. 

6. SCL Health gets Fitch issuer default rating of 'AA-'
Fitch Ratings assigned Broomfield, Colo.-based Sisters of Charity Leavenworth Health Services Corporation an issuer default rating of "AA."  The system does business as SCL Health.

7. Moody's revises Doctors Community Hospital's outlook to negative
Moody's Investors Service revised Goddard, Md.-based Doctors Community Hospital's outlook to negative and affirmed its "Baa3" rating on the hospital's outstanding bonds. The action affects $64.2 million of debt. 

8. Fitch downgrades Premier Health's rating to 'A'
Fitch Ratings downgraded Dayton, Ohio-based Premier Health's rating to "A" from "A+." At the same time, Fitch assigned the health system an issuer default rating of "A." 

9. Moody's affirms 'Baa2' rating on King's Daughters' Health
Moody's Investors Service affirmed its "Baa2" rating on the $95 million series 2010 bonds of Madison, Ind.-based King's Daughters' Health.  

10. Moody's downgrades San Gorgonio Memorial Healthcare District to 'Baa3', maintains negative outlook
Moody's Investors Service downgraded Banning, Calif.-based San Gorgonio Memorial Healthcare District's general obligation bond rating to "Baa3" from "A3," affecting $115.7 million of outstanding debt.

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