10 recent hospital outlook and rating actions

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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 rates Community Health Network's bonds
Moody's Investors Service assigned an "A2" long-term bond rating to Indianapolis-based Community Health Network's proposed $202.1 million of series 2015A fixed rate taxable hospital revenue bonds.

2. Moody's downgrades Ingalls Health System's outlook to negative
Moody's Investors Service affirmed the"Baa1" rating assigned to approximately $62 million of series 2013 fixed rate revenue bonds issued on behalf of Ingalls Health System, a single-hospital system located in Harvey, Ill., and revised the system's outlook to negative from stable.

3. Moody's rates OhioHealth's bonds
Moody's Investors Service assigned an "Aa2" rating to Columbus-based OhioHealth's $281 million of proposed series 2015 fixed rate bonds.

4. Moody's affirms Terrebonne General Medical Center's bond rating
Moody's Investors Service affirmed Houma, La.-based Terrebonne General Medical Center's "A2" long-term bond rating, affecting approximately $53 million of rated debt.

5. Phoebe Putney Memorial Hospital downgraded by S&P
S&P lowered its rating on revenue debt issued by Albany Dougherty County Hospital Authority on behalf of Albany, Ga.-based Phoebe Putney Memorial Hospital to "A+" from "AA-."

6. Moody's affirms Jupiter Medical Center's bond rating
Moody's Investors Service affirmed the "Baa2" rating assigned to Jupiter (Fla.) Medical Center's series 2013A bonds, affecting $48.7 million of debt.

7. S&P raises Cape Cod Healthcare's bond rating
S&P raised its long-term rating and underlying rating on bonds issued on behalf of Hyannis, Mass.-based Cape Cod Healthcare to "A" from "A-."

8. Fitch affirms Valley Medical Center's bond rating
Fitch Ratings affirmed the "BBB+" rating assigned to $18.9 million of series 2010A hospital facilities revenue bonds and $61.2 million of series 2010B hospital facilities revenue bonds issued on behalf of Renton, Wash.-based Valley Medical Center, which is a member of the University of Washington Medicine Health System.

9. Fitch affirms Denver Health and Hospital Authority's bond rating
Fitch Ratings affirmed the at "BBB+" rating assigned to approximately $290 million of Denver Health & Hospital Authority's series 2007A/B, 2009A, 2010 and 2014A/B bonds.

10. Moody's downgrades Memorial Hospital at Gulfport's bond rating
Moody's Investors Service downgraded the rating on approximately $74 million of bonds issued on behalf of Memorial Hospital at Gulfport (Miss.) to "A3."

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