12 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 week, starting with the most recent.

1. S&P assigns 'A+' rating to Northwest Community Hospital's bonds
S&P Global Ratings assigned an "A+" long-term rating to Arlington Heights, Ill.-based Northwest Community Hospital's series 2016A bonds and affirmed the "A+" rating on the hospital's series 2008A bonds. 

2. Moody's revises Palomar Health's outlook to stable
Moody's Investors Service revised Escondido, Calif.-based Palomar Health's outlook to stable and affirmed the "Ba1" rating on its bonds, affecting $561 million of debt. 

3. Moody's affirms ThedaCare's 'A1' rating
Moody's Investors Service affirmed the "A1" rating on Appleton, Wis.-based ThedaCare's $239 million of outstanding rated debt.

4. Moody's affirms OhioHealth's 'Aa2,' 'Aa2/VMIG 1' and 'P-1' ratings
Moody's Investors Service affirmed the "Aa2," "Aa2/VMIG 1" and "P-1" ratings on Columbus-based OhioHealth's $1.05 billion of outstanding debt. 

5. S&P revises Health Quest's outlook to stable
S&P Global Ratings revised the outlook to stable from negative and affirmed the "A-" ratings on LaGrangeville, N.Y.-based Health Quest's debt.

6. S&P revises Franciscan Missionaries of Our Lady Health System's outlook to negative
S&P Global Ratings revised the outlook to negative from stable and affirmed the "A+" rating on Baton Rouge, La.-based Franciscan Missionaries of Our Lady Health System's bonds. 

7. Moody's assigns 'A2' rating to Northwest Community Hospital's bonds
Moody's Investors Service assigned an "A2" rating to Arlington Heights, Ill.-based Northwest Community Hospital's proposed series 2016A fixed rate bonds. 

8. Fitch affirms Valley Medical Center's 'BBB+' rating
Fitch Ratings affirmed the "BBB+" rating on Renton, Wash.-based Valley Medical Center's $17.5 million of series 2010A bonds and $61.2 million of series 2010B bonds.

9. S&P downgrades Mercy Health's rating to 'A+'
S&P Global Ratings downgraded the long-term rating to "A+" from "AA-" on Cincinnati-based Mercy Health's bonds. 

10. S&P lowers rating to 'BBB+' on Lawrence + Memorial Hospital's bonds
S&P Global Ratings lowered its rating on New London, Conn.-based Lawrence + Memorial Hospital's bonds to "BBB+" from "A-."

11. Fitch affirms Denver Health's 'BBB+' rating
Fitch Ratings affirmed the "BBB+" rating on Denver Health's series 2007A, 2007B, 2009A, 2010, 2014A and 2014B bonds, affecting approximately $286.2 million.

12. Moody's downgrades Spartanburg Regional Health Services District's rating to 'A2'
Moody's Investors Services downgraded the ratings to "A2" from "A1" on Spartanburg (S.C.) Regional Health Services District's $190.2 million of outstanding debt. 

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