10 recent hospital outlook and credit rating actions

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The following hospital and health system rating and outlook changes and affirmations took place in the last two weeks, starting with the most recent.

1. Fitch affirms Reading Hospital's 'A+' rating
Fitch Ratings affirmed the "A+" rating on Reading (Pa.) Hospital's bonds.

2. Moody's affirms Excela Health's 'A3' rating
Moody's Investors Service affirmed the underlying "A3" rating on Greensburg, Pa.-based Excela Health's $75.9 million of outstanding revenue bonds. 

3. Moody's assigns 'A2' rating to University of Maryland Medical System's bonds
Moody's Investors Service assigned an "A2" rating to Baltimore-based University of Maryland Medical System's proposed $159.6 million of series 2017B bonds and $122.6 million of series 2017C bonds.

4. Moody's affirms Shands Jacksonville Medical Center's 'Baa3' rating
Moody's Investors Service affirmed the "Baa3" rating on Shands Jacksonville (Fla.) Medical Center's $202 million of outstanding revenue bonds.

5. Moody's affirms Genesis Health System's 'A1' rating
Moody's Investors Service affirmed the "A1" rating on Davenport, Iowa-based Genesis Health System's $174 million of rated revenue bonds.

6. Fitch affirms HonorHealth's 'A' rating
Fitch Ratings affirmed the "A" rating on Scottsdale, Ariz.-based HonorHealth's outstanding debt.

7. Fitch affirms Bon Secours Health System's 'A' rating
Fitch Ratings affirmed the "A" rating on Marriottsville, Md.-based Bon Secours Health System's $713 million of outstanding bonds.

8. Moody's affirms Cullman Regional Medical Center's 'Ba1' rating
Moody's Investors Service affirmed Cullman (Ala.) Regional Medical Center's "Ba1" rating, affecting $61 million of outstanding rated revenue bonds. 

9. Fitch affirms Concord Hospital's 'A+' rating
Fitch Ratings affirmed the "A+" rating on Concord (N.H.) Hospital's $45.5 million of series 2013A bonds and $33.7 million of series 2011A bonds.

10. Fitch revises University of Maryland Medical System's outlook to negative
Fitch Ratings revised Baltimore-based University of Maryland Medical System's outlook to negative from stable.

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